The group managing director of Daily-Need Group, Oluwatosin Jolayemi, has said that the high electricity tariff and the unstable nature of the power supply from the national grid have made gas plants far more attractive for manufacturers.
He said the switch to gas was helping in cutting downtime, emissions, and operating costs.
Jolayemi said that before moving off the national grid and onto gas and diesel generators, “we also experienced an irregular power supply that caused a lot of losses on return on investments.”