The federal government has been advised to prioritize local solutions to address the country’s recurrent grid collapse.

Managing Director of Coleman Wires and Cables Industries Limited, Mr. George Onafowokan, gave the advice while reacting to constant grid collapse and the government’s declaration of investment opportunities in the power sector.

He said it is important to industrialize the power sector, adding that there is a need to deregulate the power industry.

Onafowokan said locally manufactured products might be more expensive due to high production costs, however, pointed out that achieving the right investments rest on private-sector-driven policies.

His words: “There is a need for industrialization 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.

“These challenges have persisted for years, and I sympathize with this government because they inherited these problems. Solving electricity issues is not an overnight task. When we returned to democracy, we started well, but after eight years, we became complacent.