Clearing Agents Demand Stable Electricity for Economic Growth

Clearing agents represented by the Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) have reported that unstable electricity supply is severely disrupting cargo handling, warehousing, and cold-chain logistics in Nigeria. This instability has resulted in higher operational costs and increased prices for goods, negatively impacting Nigerian consumers.

The agents reacted to recent remarks by Hon. Joseph Tegbe, the Minister of Power, regarding the federal government's plans to reposition the power sector.

Otunba Frank Ogunojemi, the APFFLON president, described Nigeria's electricity crisis as one of the greatest obstacles to economic growth and industrial investment. He emphasized that despite years of reforms and significant investments in the sector, businesses continue to rely on expensive diesel and petrol generators, making product costs among the highest in Africa.

The association called on the federal government to declare the electricity sector a national economic priority and ensure concrete actions are taken to deliver sustainable improvements.