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Nigeria Edition•Business
October 27, 2026•0 views
News Brief

Manufacturers Association of Nigeria to Launch Energy Cost Reduction Programme in November

MAN will introduce an Industrial Energy Cost Reduction and Adoption Programme in November to cut manufacturers’ energy costs.

Manufacturers Association of Nigeria to Launch Energy Cost Reduction Programme in November
Image: BusinessdayCredit: Image: Businessday
Multi-Source Verification:Synthesized across 1 independent reporting sources.
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In Brief

  • •MAN will introduce an Industrial Energy Cost Reduction and Adoption Programme in November to cut manufacturers’ energy costs.
  • •The programme will be unveiled at a two‑day energy summit on November 3‑4, 2026, held at Legend Hotel Lagos Airport in Ikeja.
  • •The summit, themed “Innovative Energy for Cost‑Effective Smart Manufacturing with Structured Financing,” is organised by MAN’s power arm MPDCL in partnership with GIZ and the Nigerian Energy Support Programme.
  • •The programme covers solar PV, battery storage, captive natural gas‑to‑power and green hydrogen, and aims to help firms access carbon credits.
  • •MAN’s goal is to reduce energy costs, improve competitiveness, and accelerate decarbonisation of Nigerian industry.

Why It Matters

Energy costs are the largest operating expense for Nigerian manufacturers, driving up consumer prices, stifling job creation, and limiting the country’s ability to leverage the African Continental Free Trade Area. By offering structured financing and clean‑energy solutions, the programme seeks to lower production costs, enhance competitiveness, and support Nigeria’s transition to a more resilient, low‑carbon economy.

Key Details

Program Launch Date
November 2026
Summit Dates
November 3-4, 2026
Venue
Legend Hotel Lagos Airport, Ikeja
Program Focus
Solar PV, battery storage, gas‑to‑power, green hydrogen
Partnerships
GIZ, Nigerian Energy Support Programme
Goal
Reduce energy costs for manufacturers

Context & Background

The initiative follows MAN’s recognition that high electricity tariffs, grid unreliability, and fuel price volatility are the biggest operational bottlenecks for Nigerian industry, prompting a multi‑faceted approach to energy security and efficiency.

What To Watch

November 3-4, 2026: Energy summit launching the programme

Original Reporting & Sources

VNews is an independent briefing product. Original reporting remains credited to the following publishers:

Businessday
Primary Source
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