The Minister of Power, Chief Adebayo Adelabu, has committed to restoring the power plant at the Aluminium Smelter Company of Nigeria (ALSCON).
He noted that the facility, once operational, has the potential to add up to 540 megawatts (MW) of electricity to the national grid.
Adelabu made this pledge during a work visit to the company in Ikot-Abasi, Akwa Ibom State.
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He highlighted that reviving the plant would not only improve power supply but also generate an estimated 15,000 direct and indirect jobs once the facility is fully functional.
The minister expressed disappointment that, 37 years after ALSCON’s establishment, the country has been unable to benefit from the massive investment due to the persistent lack of a dedicated electricity supply.
He announced a temporary plan to connect the company to the national grid while a long-term power solution is being developed.
Adelabu also raised concerns about the neglected 330kV substation in the community, built by the Niger Delta Power Holding Company (NDPHC). The substation was approximately 90 percent complete before being abandoned, and the minister voiced his worry over its deteriorating state.
He assured that the government would ensure its completion “within the shortest possible time,” stressing that this was necessary to maximize the value of the significant investment made in ALSCON.
The minister recalled that ALSCON was initially conceived in 1989 and completed in 1998. Following the privatization exercise in 2006, it was taken over by the Aluminium Smelting Company of Russia (RUSAL).
“These huge investments have suffered due to lack of power supply in the last 27 years,” Adelabu said, adding: “We are aware of the enormous potential of a facility like this, in the upstream, midstream, and downstream conversion of aluminium, to create jobs for our youths, supply raw materials to local industries, and save foreign exchange spent on imports.”
He stated that the government’s renewed efforts align with its commitment to provide electricity to most Nigerians by 2030, in line with Vision 2030 and the Tanzania Declaration.
He concluded: “I have come to meet with stakeholders, the owners of the company, Transmission Company of Nigeria (TCN), NDPHC, and the contractors, to devise immediate and medium-term solutions to ALSCON’s power challenges,” he added.