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Industrialists lament poor electricity supply, multiple taxation in Anambra

By Nwabueze Okonkwo

ONITSHA — Industrialists in Anambra State have lamented poor electricity supply in the state, even as government has concluded the privatization of power to boost supply in the country.

Managing Director of Afro-Asia Automobile and Plastic Limited, a member of Chicason Group of Companies, Nnewi, Anambra State, Alex Ojukwu, who stated this at the end of a two-day sensitization workshop on Original Equipment Manufacturing, OEM requirements for automotive local component manufacturing, ALCM at Nnewi, said to worsen the matter, various government agencies were fond of imposing multiple taxation on industrialists.

Ojukwu regretted that apart from the poor electricity supply and multiple taxation, government also allowed importers to flood the country with inferior goods, and dump them in Nigerian markets, with their attendant low prices, thus pushing the local manufacturers with their superior products out of business.

He further regretted that with the poor electricity supply, Nigerian industrialists were now left with the only option of buying diesel and other petroleum products to feed their generators in order to produce at full capacity.

He added that with intermittent power supply, some of the factory machines required to heat up for at least seven hours before production, could not be connected to electricity, to avoid damaging the goods at the production stages, when the power eventually goes off without notice, as usual.

He disclosed that Afro-Asia, as a member of Chicason Group consumed a minimum of 70,000 litres (two full tankers) of diesel per week to remain in business, adding that in 2013, the company consumed a total of about 457 million litres of diesel per annum.

Insisting that he had never noticed any progress in power supply so far since the privatization took effect, he lamented that government was bent on increasing the tariff structure at the point of importing their raw materials and exporting their finished goods.


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