Power Nigeria 2016
Event receives acknowledgement as a hub to access Nigeria’s growing power sector.
Nigeria’s most important trade fair for the power sector concluded last month at the Eko Hotel, Lagos, and once again proved that it is the go-to platform for industry players to discuss power policies, challenges and best practices from some of the leading companies and speakers in the industry. With participation of over 85 global and regional power companies, and a record breaking 2681 business visitors, Power Nigeria fuelled both business opportunities and a positive outlook towards the industry. Discussing growth of the industry and ideas to pave the path for development, Babatunde Fashola, Minister – Federal Ministry of Power, Works and Housing, Nigeria, said, “Now is the time to invest. The Nigerian power sector is a market that no rational investor can ignore. We must be focused and cautious, as the sector is very sensitive. There is no need for just profiteers and inflammatory talk. The grid is strong and we are looking at expansion in the future.”
Power Nigeria witnessed a visitor growth of 39 per cent this year, attracting industry experts across all sectors who have high decision making competence. Commenting on the business prospects in Nigeria, Mohamed Hosseiny, Country Managing Director, ABB Nigeria, said, “ABB believes in the power sector in Nigeria. ABB can support and play an important role in taking the power sector to the next level in Nigeria.”
Speaking of the opportunity the event offers to companies in Nigeria, Roy Quartey-Papafio, Chief Operating Officer, Reroy Group, said, “West Africa is a growing market and we hope to add more value and benefits to our clients.” Welcoming a high turnout of potential customers at their stand, exhibitors on the show floor agreed that they expect strong business in the coming months. Jitender Sachdeva, Group President, Skipper T&D said, ‘‘Skipper has been in Nigeria for the past 17 years. We have the largest transformer repair facility in Africa which is now further augmented to transformer manufacturing facility. We have a lot of confidence in Power Nigeria. The audience is very specific and targeted and the footfall is almost double as compared to last year.’’ With a mind-set of bringing uninterrupted power supply to Nigeria, visitors from across Nigeria flocked to the event to witness product launches, network with existing and potential business partners, while interacting with key influencers in the sector. Mentioning the role of Power Nigeria in bridging the gap, Engr Atinuke Owolabi, MD/CEO, Wurvicat International said, ‘‘I was able to get a lot of products that I wanted but could not find easily on the market. I look forward to attending the event next year because it is a really great initiative.” The next edition of Power Nigeria is to be held from 12-14 September 2017 in Lagos, Nigeria.