In the early 70s and late 80s, the country’s power sector had lived up to expectations before it started dwindling in the 90s.
The situation was made worse owing to major problem that has bedeviled the sector.
Some of them include vandalism, theft of electrical equipment, non- optimal performance in the nation’s refineries, as well as political and economic crisis which had led to neglect of the sector.
Before the advent of the crisis in the power sector, generators were either seen as a household luxury separating the rich from the poor or major business equipment used for back-up during power outage.
For instance, statistics from the Centre for Management Development, had revealed that an estimated 60 million Nigerians spent about N1.6tn on generators annually.
The implication of this huge expenditure according to experts is that there are huge business opportunities in the repair and maintenance of generators.
A generator engineer based in Abuja Mr. Kingsley Etochie says that since the importation of generator is on increase, there will always be a rise in the demand for those who repair them.
He says that the downward trend in electricity supply in the country has created a huge market for generator repair.
He says that going by government’s delay to solve the problem in the power sector, opportunities abound for those who want to learn the skills of repairing generators.
Etochie explains that the viability of the business depends on the location of the repairer, adding however that one needs to acquire the needed skills to excel.
On training, he says that depending on one’s availability, it takes between one to two years to acquire the required skills, adding that with little capital one can get all the needed tools to commence operation.
He says, “It took me 18 months to learn the art of generator repairs because I already had an experience in engineering. But anyone who doesn’t have such background knowledge in engineering would need between two to three years to effectively grasp the skills.”
He also says that the business which requires more skills is very profitable.
He says, “Repairing generators is rewarding because of the huge demand for generator repairers.”
On challenges of the business, he says that the business has no major hazard other than the misfortune of buying fake parts for major repairs.
This, according to him, can lead to major face-off between the repairer and customers.
On how customers could be satisfied despite the competitive business terrain, Etochie says that one will need to employ some techniques which include the provision of guarantee and feedback mechanism.
He says, “I think the major success point of this business is to always listen to your customers. I think it is important for one to recognise the fact that when one satisfies their customers and gain their trust, they will not only recommend you to their friends and colleagues, they will also remain loyal to you.”
He says there is a need to provide guarantee as it is an important tool for keeping customers when they may otherwise go elsewhere.
“People will endorse your business if they know it is good. So have a process in place where you regularly ask them for feedback.
“This would make them feel involved in your business and are more likely to send other people your way.”
To succeed in the business, another engineer, Mr. Peter Eze, says once the newly graduated engineer has acquired the needed tools, he can start his own business.
The major tools according to him are spanners, files, pullers among others
These, he adds, will aid one’s performance. SHARE THIS STORY USING ANY OF THE BUTTON BELOW ⬇ PLACE YOUR TEXT ADVERT BELOW ⬇⬇⬇