24th July, 2015
The General Manager of Intels Nigeria Ltd., Mr Sascha Kuehl, on Friday said that unsteady power supply was hindering smooth operation of the company.
Kuehl said this in an interview with the News Agency of Nigeria (NAN) in Onne, Rivers State, southern Nigeria.
He said the company had invested more than five billion dollars (N1.15 trillion) in Nigeria and electricity supply was still the major challenge facing its operations.
“We are in Nigeria for the past three decades and heavily invested in oil and gas logistics.
We are one of the 26 concessionaires in Nigeria and we have embarked on huge investments which are to be completed in the next few years,’’ Kuehl said.
The Intels chief said because of the irregular supply of power in the country the company was forced to install 166 generating sets to power its various operations.
He urged the Federal Government to ensure steady power supply in the country to reduce operating costs of businesses