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The Managing Director of Coleman Wires and Cables Industries Limited, George Onafowokan, has called on the Federal Government to prioritise local solutions in tackling the country’s persistent grid collapses.

Onafowokan, in a statement reacting to the frequent grid collapses and the government’s push for investment in the power sector, stressed the need for full deregulation and industrialisation of the industry.

“There is also a need for industrialisation within the sector. Obsolete wires and cables must be replaced, and all transmission and power project materials should be locally sourced, as the country has more than enough capacity to meet and exceed its needs,” he said.

While acknowledging that locally made products could be more expensive due to high production costs, the Coleman boss maintained that the right investments would only materialise under private-sector-driven policies.

https://punchng.com/prioritise-local-solutions-for-power-coleman-boss-tells-govt/