IPMAN Seeks New Laws On Electricity Conservation

The Independent Petro
leum Marketers Association of Nigeria (IPMAN) on Monday, urged the Federal Government to enact laws that would enhance utilisation of power-saving technology and moderate electricity wastage.
IPMAN Director of  Operations, Mike Osatuyi, made the appeal in an interview with newsmen in Lagos.
Osatuyi said that the nation’s epileptic power supply had made it imperative for government to ensure effective electricity utilisation and energy conservation.
According to him, there is need for the government to enact a law to checkmate electricity wastage following the nation’s high demand for power supply.
He said that his company was ready to partner with government agencies to provide the technology and technologists, equipped with technical know-how in energy conservation techniques.
The director of operations also said that power saving technology would reduce pressure on generation and eliminate the burden of huge investments on more generating plants by government.
He emphasised the need to create an influential state structure for policy realisation in power efficiency and also monitor the activities of the private investors in power sector.
“It is important for the Nigerian government to task the ministry of power to map out the strategy towards carrying out research and development on creation of power saving equipment and technologies, to realise pilot saving and power effective projects.
“Research findings showed that the use of power saving technologies in light engineering could be very profitable, about 19 per cent of all electric power consumed in the world is spent on illumination.
“At the same time, it is realised that 85 per cent of systems of illumination used in today’s world is inefficient; it is possible to save as much as 40 per cent power which will translate into huge financial savings for Nigeria up to the tune of billions of naira.
“This will bring modern trends, which are highly economical to be enforced, so that Nigeria can save billions of naira per year through power savings.
“Apart from the huge financial benefits, modern and energy-saving lighting technologies or techniques will reduce negative influence on ecology and 40 per cent of the electric power consumed by the light equipment.