‘Nigeria imports 70m generators’

No fewer than 70 million generators have been imported into the country, the Chief Executive Officer, Consistent Energy Limited, Mr Segun Adaju, has said.

Adaju told The Nation that a research by his organisation showed that Nigeria is the net importer of generators with about 70 million generators brought in the past few years.

Adaju said:

‘’Between 60 and 70 million generators of different brands and sizes have been imported into the country, in the past few years. The generators are of lower and higher voltages, depending on the needs of the owners. Besides, the generators range from the smallest to the biggest, such as Perkins and Caterpillar brand. The generators are worth billions of naira, which means that Nigerians are repatriating funds to access power.’’