Federal Government to Link ALSCON to National Grid in Bid to Revive Operations

Federal Government to Link ALSCON to National Grid in Bid to Revive Operations

The Federal Government has announced plans to connect the Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State, to the national grid. This move aims to revive the company’s operations, which have been halted for almost a decade due to unreliable power supply.

ALSCON, which was established 27 years ago, has been facing significant challenges, including:
The company’s operations have been severely impacted by the absence of a stable power supply.
ALSCON has also struggled with gas supply problems, which have hindered its ability to operate efficiently.
The company has faced security challenges that have affected its operations.
ALSCON has been embroiled in legal disputes that have hindered its ability to function effectively.

The Minister of Power, Adebayo Adelabu, met with ALSCON management and representatives from the Transmission Company of Nigeria and the Niger Delta Power Holding Company to discuss a plan to connect the company to the national grid. The government has pledged to revive production at the plant and connect it to the national grid in both the short term and the long term.

The revival of ALSCON is expected to have numerous benefits, including:
The company’s operations can create employment opportunities for Nigerian youths.
ALSCON can serve as a supplier of raw materials for downstream aluminium companies, reducing the country’s reliance on imports.
The revival of ALSCON can contribute to Nigeria’s economic growth and development.

The government’s plan to link ALSCON to the national grid is a significant step towards reviving the company’s operations and unlocking its potential. With the revival of ALSCON, Nigeria can expect to see significant economic benefits and job creation opportunities .