Nigeria signs an agreement on Electrification Roadmap with Siemens

Pres. Buhari on Monday challenged Siemens, distribution and transmission companies and the electricity distribution company of Nigeria to work hard to achieve 7,000 mega watts by 2021 and additional 11,000 MW by 2023 and overall grid capacity to 25,000 MW.

He gave the charge when the FG of Nigeria signed electricity road map agreement with German-based Siemens.

The deal is the product of a meeting Pres. Buhari held with German Chancellor, Angela Merkel on August 31, 2018. Buhari reaffirmed his commitment to development of the Mambilla hydro electric and various solar projects in the country.

Buhari said “Our goal is simply to deliver electricity to Nigerian businesses and homes. My challenge to Siemens, our partner investors in the Distribution Companies, the Transmission Company of Nigeria and the Electricity Regulator is to work hard to achieve 7,000 MW of reliable power supply by 2021 and 11,000 MW by 2023 – in phases 1 and 2 respectively.

After these transmission and distribution system bottlenecks have been fixed, we will seek – in the third and final phase – to drive generation capacity and overall grid capacity to 25,000 MW.

Our intention is to ensure that our cooperation is structured under a Government-to-Government framework. No middlemen will be involved, so that we can achieve value for money for Nigerians.”

Pres. Buhari said that past governments also embarked on partial privatization of the power generation and distribution sectors.

These various interventions to solving the electricity problem, he said, have yielded an imbalance between the amount of power generated and the amount available for consumers.

Despite over 13,000MW of power generation capacity, Buhari noted that only an average of 4,000MW reliably reaches consumers. He added “Now, we have an excellent opportunity to address this challenge.”

The Global Chief Executive Officer of Siemens, Joe Kaeser, said the road map will enable the country deliver the country’s capacity of power in the first phase of 7,000, second phase up to 11,000 and third phase 25,000 MW


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