Business

August 3, 2017

MAN projects N18bn annual savings from energy-savings lamps

By Franklin Alli

MANUFACTURERS   Association of Nigeria, MAN, has called on the federal government to put in place energy-saving policy to compel consumption of compact fluorescent lamp, CFL, saying this can generate savings of $49 million (about N18 billion) annually for the economy.

Popularly known as energy-saving bulb, CFL is a fluorescent lamp designed to replace the incandescent lamp; it fits into light fixtures normally used for incandescent lamps.

MAN, in a document on issues affecting the electrical and electronics sector of the economy, noted that CFL can provide huge savings for government and consumers, as investigations have shown that an energy saving lamp of 11 watts, has longer life span than one million incandescent bulbs of 60 watts. According to Dr. Frank Jacobs, President of MAN, “by today’s valuation, the average cost of a power plant of one megawatt capacity is approximately $1 million. By this, the country could as well save $49 million aside other advantages.”

Jacobs said that government, through its agencies, should continue to sanitize the sector by mopping up substandard electrical products in the nation.

Recall that the Standards Organisation of Nigeria (SON) recently seized two containers of substandard energy saving bulbs worth over N100 million, warning consumers to be wary when buying the products.

SON’s Director of Inspectorate and Compliance, Bede Obayi, noted that importers of the substandard energy saving bulbs, which consume less power, are out to cheat unsuspecting Nigerian consumers. He said that, after carrying out series of laboratory tests on the bulbs displaying 85watts capacity, the bulbs could only do 25 watts, representing less than 30 per cent of the rated value of the bulbs.