The Manufacturers Association of Nigeria has said it will partner ASB Valiant Company Limited to develop a 30-megawatts independent power plant to provide electricity to its member companies, The Punch reports.

The plant, which will be located along the Lagos-Ibadan Expressway, is expected to supply power to MAN members and industries on the Makun corridor. MAN said the initiative became necessary to bring down manufacturers’ costs of production as they continued to depend on generators to power their facilities because of the poor supply from the grid.

The Managing Director, ASB Valiant Company Limited, Mr. Ayodele Ikumapayi, who described MAN as one of the most credible organisations in the country, said, “For them to then look at partners to help meet the needs of their members, I think the major consideration is with respect to the service that we have to offer; it is a win-win situation for both parties.”