Nigerian govt pledges power restoration to revive Aluminium Smelter Company of Nigeria
The Nigerian government aims to revive the Aluminium Smelter Company of Nigeria (ALSCON) by reconnecting it to the national grid. Minister of Power Adebayo Adelabu pledged this during a visit to the plant, highlighting its potential for job creation, raw material supply, and foreign exchange savings. ALSCON, plagued by ownership disputes and lacking grid connection for 27 years, has a 540 MW installed capacity. While gas supply is accessible, pricing negotiations are needed. ALSCON's advisor Viacheslav Krylov emphasized the need for grid connection to restart operations and contribute excess power, boosting national grid capacity and revenue. The initiative follows Vice President Shettima's commitment to revive ALSCON.
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Verified on Oct 21, 2025