NewStats: 3,261,631 , 8,174,565 topics. Date: Thursday, 29 May 2025 at 08:33 PM 2d666l

President Bola Tinubu has signed an agreement with Olaf Scholz, Chancellor of , to improve Nigeria’s grid capacity and improve electricity supply in the country.

The agreement aimed at accelerating the Presidential Power Initiative (PPI) was signed on Friday by Kenny Anuwe, CEO of FGN Power Company, and Nadja Haakansson, Siemens Energy managing director for Africa, on the sidelines of the ongoing COP28 in Dubai.

The PPI project agreement was first entered in 2019 and was to be implemented in three phases including delivering an additional 2GW to the grid to achieve improved grid stability and reliability; bringing the system’s operational capacity to about 11G, while also increasing the system’s capacity to 25GW.

Speaking to journalists after the g, Adebayo Adelabu, minister of power, said the agreement will see to the end-to-end modernisation and expansion of Nigeria’s electric power transmission grid.

Adelabu said different factors including COVID-19 had affected the progress of the project after its initial g in 2019 but that Nigeria is now ready to proceed and deliver.

He said Siemens Energy has already supplied the necessary equipment needed to execute the project and within 12 to 24 months the government will expand the grid capacity from 6,000 to 8,000 megawatts, with hopes to get to 12,000mw in three years.

“The project is to be financed by Nigeria’s export credit facilities that are being provided by a couple of German banks to Nigeria,” Adelabu said.

“As it is, I might be able to say how much it is going to cost the country, the original agreement we had was for $2.3 billion but what we have executed to date is just in the region of $60 million which has to do with the importation of the 10 transformers and the 10 power substations which Siemens have delivered to the country. They have been commissioned and we are in the process of installation of these transformers.

“The project is in phases, we have the short-term phase, we have the medium term and we have the long-term phase. The short-term phase is going to be between 12 to 24 months where we are actually hoping to improve or expand the grid capacity from 6,000 to 8,000.

“And I believe that the second phase which is going to take us about three to four years, we should be able to improve the grid capacity to 12,000 megawatts.”

Also speaking, Anuwe gave details of Siemens Energy’s equipment worth over €63 million delivered to Nigeria since the project commenced, including 10 units of 132/33KV mobile substations; 3 units of 75/100MVA transformers, and 7 units of 60/66MVA transformers, currently being installed by FGN Power Company at various sites across Nigeria.

The project will also focus on identified load demand centres with a particular emphasis on economic and industrial hubs nationwide; execution of new 330kV and 132/33KV substations in target load centres with economic priority, in addition to thousands of kilometres of overhead transmission lines to connect new substations with existing ones.

https://www.thecable.ng/just-in-nigeria-signs-agreement-with--to-improve-power-supply/amp

Please anything that will make us have 24/7 electricity is highly welcomed.

Ok, good one

H

They keep on g with nothing to show 4 it

Always g

This was signed a long time ago na.

Either during Jonathan or Buharis tenure.

Addme:

https://www.thecable.ng/just-in-nigeria-signs-agreement-with--to-improve-power-supply/amp

May God help our leaders. Nigeria shall prosper.

That’s what we talking about! Awarding contracts directly to reputable company’s.

God bless His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR)


We are guaranteed of success.

The labour of our hero’s past, shall never be in vain.

Lol, what about the one signed in 2019 to generate 11,000MW of electricity by 2023 with the same company?

What of this deal signed few years ago?
https://ngcc-ng.com/nigeria-siemens-sign-25000mw-six-year-electricity-deal/

The same agreement Abba Kyari went to to sign before COVID killed him.

Nigerians are tired of all this. People need results, not g agreements up and down.

Addme:

https://www.thecable.ng/just-in-nigeria-signs-agreement-with--to-improve-power-supply/amp

how many times are they going to sign this deal?

The same power deal they have been using to scam the nation. Same format, different approach.
Meanwhile, where I live in Apete, Ibadan, we hardly get 5 hours of light in a week, not days.

Audio increase

How many times are they g this deals with siemen?

Another audio announcement.

At the end, Nigeria remains the way it is.

Egypt did theirs without multiple announcements. They did it in real life. When obi saaid we shud learn from them and stop all this rig marole

Making Fashola the minister of power in the last istration totally killed the power sector. He had zero understanding of the sector and spent the whole four years in the ministry trying to understand how it works and ended the istration without still knowing anything . His only activities were clamouring for constant tarriff increase and discouraging the legislature from criminalizing estimated billing . This was what led the late Abba Kyari attempting to do the work of the minister of power and died in the process after contracting covid19 in for the same Siemens power contract . I just hope people with good knowledge of what power sector is all about should be allowed to handle the sector.

It's one thing to have the necessary infrastructures in place; it's another to have corrupt-free personnels that won't frustrate your lofty plans. Nigeria's problem is majorly human related. See how efficient Immigration is now. They had all the necessary equipments to be highly efficient right from time but corruption won't allow them to deliver to full capacity. Thank God for the minister who's giving them close marking. Now he's leading a prison reform too.

AUDIO and Propaganda!

Lori iro

I Sha Strongly Believe In This istration






We supposed to have ed this stage but our selfish and careless past leaders won't allow it

oz4real83:
Making Fashola the minister of power in the last istration totally killed the power sector. He had zero understanding of the sector and spent the whole istration time trying to understand how it works and ended the istration without still knowing anything . This was what led the late Abba Kyari attempting to do the work of the minister of power and died in the process after ing covid 19 in for the same Siemens power contract

Stop the mis-information. The Power portfolio was later dropped from his duties. It's an ill-informed decision by Buhari to have given only one man 3 powerful portfolios; Works, Housing and Power. Perhaps if he had concentrated on power only things would have been a lot different. And sorry to say what is Abba Kyari-a Chief of Staff's business with Power while sidelining the Minister of Power? Perhaps the Power deal was a heavy deal and they wanted to cut their own share. This are the forms of nepotism exhibited in the Buhari istration that made that govt a huge failure.

They keep re-g agreements and get their own cut.

Nice move, gradually we shall get there

We heard more if this during the last istration but nothing came out it

Buhari and Abba Kyari suffered for this but due to COVID and other issues of not willing to allow Nigerian workers into the project stalled..

All paper works, scope of work, approval had been done since...Tinubu should prioritise this more than anything if he wants to be ed at all.. Nigerians will never forget who fixed Power.

Check out more power projects in Nigeria below

https://www.youtube.com/watch?v=EvizLZBJh5g

The fattest lie ever told is that Nigeria supplies Ghana and Benin Rebuplic light. When in itself it doesn't even enough capacity to serve itself

Interestingly, this could take off this time as the focus is now both on generation and transmission. It'll be interesting to see how they intend to generate though.
Based on 132kv transmission, it looks like it'll be an embedded generation.

Every year, they keep g agreement to increase megawat, what of the old agreement who and who have been g it?

12,000megawat for a population of over 200m people and still counting?

You are joking

How many times are we doing this?