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Power remains biggest obstacle to industrial growth — Minister

From Vanguard · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Nigeria’s Minister of State for Industries, John Enoh, identified electricity and power constraints as the biggest obstacle to industrial growth.
  • Enoh said industries are spending more on self-generated power, limiting the ability to turn economic growth into broad prosperity.

Nigeria’s power constraints remain the biggest obstacle to turning economic growth into real prosperity, according to Minister of State for Industries John Enoh.

Enoh said electricity shortages are forcing industries to spend more to generate power for their operations.

He made the remarks during an appearance on Arise TV, where he referred to the country’s 4.43% real gross domestic growth.

About this summary

Originally published by Vanguard. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.