BusinessTrending Story

Schneider Electric unveils smart solutions to pare down Nigeria’s $29bn annual power disturbances cost

896
Advertisement




In a bid to reduce the cost of power disturbances from a whopping $29 billion, Schneider Electric has intervened by inaugurating a range of smart solutions adaptable to the Nigerian environment.

 

The range of products unleashed on the market by Schneider Electric, the leader in the digital transformation of energy management and automation, are categorized into critical power management, smart homes, and lighting, home, and distribution solutions.

 

According to figures from the World Bank, the Nigerian economy annually loses as much as $29 billion to power disturbances across its various sectors.

The Head of Partner and Buildings Business for Schneider Electric, Anglophone West Africa, Mr Mojola Ola said high maintenance cost for appliances and installations through electrical fires and loss of lives, power disruptions, and total blackouts have continued to plague businesses and households in the country.

 

“These solutions are safe because they avoid electrical fires; are efficient in helping one save money by reducing energy spend; are reliable by preventing the failure of electrical distribution; and are compliant because they demonstrate Schneider Electric’s commitment to sustainability, a key policy for the company.

 

“With the right tools, you can leverage data for space management, occupant well-being, occupant engagement, and operational efficiency.

 

“These products lead to a reduction in maintenance, increase in productivity, and reduction in CO2 emission,’’ he said in a statement obtained by Persecondnews.

 

“They will help customers reinvent buildings, particularly those of financial institutions, hotels, airports, healthcare, offices, and even homes.”

 

On COVID-19 pandemic, Ola stressed the need for space management to ensure safe distancing, monitoring of occupancy levels, and adapting to office layout.

See also  Abia Gov. Ikpeazu feels unwell, shuns public engagements 

 

“Also, occupants’ well-being is enhanced through the use of Schneider Electric’s Ecostruxure to confirm optimal humidity and to check air circulation.

 

“To improve occupants’ engagement, the launched product guarantees effective communication, easy access to IT tools, and seamless navigation around the office.

 

“Targeting operational efficiency, one of Schneider Electric’s new technology made provision for smarter cleaning, optimized building management, and power systems, as well as better management of amenities.

 

“Beyond cost savings made from averting power disturbances, the Schneider Electric’s Ecostruxure recent initiatives have enormous benefits for Nigerian IT experts, business owners, and corporate organizations, even for governments at various levels,’’ he said.

Author

Leave a comment

Related Articles

Fostering Greener Future: UBA Foundation Plants Trees in Iconic Lagos Schools for World Environment Day

To mark World Environment Day 2026, the UBA Foundation the corporate social...

Tinubu Smashes Optasia’s 12-Year Stranglehold on Nigeria’s N3trn Airtime Credit Market

President Bola Ahmed Tinubu has moved decisively to dismantle South African firm...

Nigeria’s Capital Inflows Surge 84% to $10.37bn in Q1 2026

By Samuel Akpan Nigeria attracted $10.37 billion in foreign capital in Q1...

Tony Elumelu: How an Eight-Year Struggle Built a Two-Million-Customer Insurance Giant

Business mogul and Chairman of Heirs Holdings, Tony Elumelu, has reflected on...