A Firm Enhances the Power Industry with New Solutions.

A firm enhances the power industry with new solutions.

Nigeria, burdened by inconsistent electricity provision, is in desperate need of a resurgence in power, and Millwater has emerged as the quiet force driving a transformation. Millwater is taking on the responsibility to remove obstacles in the Nigerian power industry with groundbreaking and creative strategies.

NewsReport gathered that with their vast industry know-how and unique approach to power transactions, the energy solutions provider aims to provide an affordable, sustainable, and dependable power supply for Nigerians. They have now signed off on major projects with Niger Delta Power Holding Company and partnered with Eko Electricity Distribution Company (EKEDC) to serve industries and residential clusters in Agbara, Lekki, Ikoyi, and VI.

Anirejuoritse Ojuyah, Chairman, Millwater Limited, Oritsedere Otubu, Chairman, EKEDC and Jude Nwoko, MD/CEO, Millwater Limited.

The Nigerian Electricity Problem

For over six decades, since her independence, Nigeria has persistently battled a power deficit problem, as more than 40 percent of her population is unconnected to the national grid. This leaves desperate Nigerians resorting to high-priced self-generated electricity for business operations and personal use.

Reports show that the incessant interruption of electricity supply has resulted in the closure of industries and a rapid shutdown of infrastructure and social amenities, making life unbearable for many Nigerians.

In 2018, the World Bank also confirmed Nigeria’s power deficit problem in a draft report of its environment and social systems assessment (ESSA) of the Power Sector Recovery Program (PSRP). The bank mentioned that Nigeria must connect between 500,000 and 800,000 new households to electricity sources every year between 2018 and 2030 to be able to achieve its target of universal access to electricity for citizens.

However, while Nigeria possesses the resources in abundance, the capacity and infrastructure needed to fully tap into her resource bank and supply power to the over 221 million people in the country remain its primary challenge.

Millwater, spearheading a change
Millwater’s MD, Engineer Jude Nwoko, and his team of experts are now changing the power space, making good on their promise to bridge the power supply deficit in Nigeria and combat its knock-on effects through partnerships with key drivers in the Nigerian Electricity Supply Industry (NESI).

In the quest to find solutions to Nigeria’s electricity gaps, Millwater has forged a long-standing partnership with Niger Delta Power Holding Company (NDPHC), one of Nigeria’s leading power-generating companies. Millwater is currently leveraging the stranded capacity of NDPHC to provide solutions for sustainable and dependable on-grid power for businesses and large-volume consumers in Agbara.

This project involves the distribution of about 300 MW of electricity to underserved businesses in the Agbara industrial area. The vice president of Nigeria and chairman of NDPHC’s board of directors, His Excellency Kashim Shettima Mustapha, graced the event commemorating this partnership.

Other successful projects that are outputs of the company’s strategic partnerships include those covering areas in Lekki, Ikoyi, and VI, where they are poised to provide uninterrupted and reliable energy to residents and businesses.

Millwater is a long-running energy solutions provider focused on optimizing existing but restricted grid-based resources to reach their full potential. The company’s on-grid solutions are developed with a focus on reducing energy waste and minimizing the environmental impact of energy generation.

Millwater’s success is grounded in its unwavering commitment to innovation. With cutting-edge technology, the company is set to rejuvenate Nigeria’s aging power infrastructure.