The Manufacturers Association of Nigeria (MAN) has introduced the Industrial Energy Cost Reduction and Clean Energy Adoption Programme (IECRECAP) to help factories lower electricity bills. Manufacturers spent ₦1.35 trillion on alternative power in 2025, up 21.6% from the previous year. The programme promotes rooftop solar, battery storage, and energy efficiency technologies, with a goal of cutting energy costs by over 50% at pilot sites like a 1.5 MW solar project in Anambra State. The initiative also includes plans for dedicated transmission lines to industrial clusters, announced by the Federal Ministry of Power. Participating businesses can measure carbon emissions and potentially earn carbon credits, which may help meet international reporting standards for exports. Success depends on affordable financing and effective implementation across industrial zones.
