Minister of power, Abubakar Aliyu has called on a German firm, Siemens Energy to fast-track the delivery of transformers and mobile power substations ordered by the Nigerian government.
The call was made by the power minister during a visit to the company’s factories in Frankfurt and Berlin, cities in Germany.
The components ordered by the government for the upgrade and improvement of Nigeria’s electricity are being manufactured at the factories.
The federal executive council (FEC) in December 2021 approved $1.9 million and €62.9 million for phase one of the presidential power initiative (PPI).
The PPI is a power upgrade and modernisation programme between the Nigerian government and Siemens with the support of the German government.
In July 2019, the federal government signed a power project deal (PPI) with Siemens AG to increase Nigeria’s electricity generation to 25,000 megawatts (MW) in six years.
During the visit, Aliyu said the government is investing in efforts to modernise Nigeria’s power infrastructure for economic growth.
According to him, delivering stable electricity is a priority of the present administration.
“The minister’s visit was part of efforts of President Muhammadu Buhari administration to modernize, upgrade and stabilize electricity supply in Nigeria,” the statement reads.
“The minister expressed confidence in the commitment of Siemens to Nigeria’s power sector transformation and urged the German firm to fast track the delivery of orders placed by Nigerian government for the implementation of first phase of the plan that is aimed at achieving 25,000 megawatts by 2025.”
Aliyu added that a milestone has been reached in the effort to realise the partnership on electricity between the federal government and Siemens under the PPI.
In his remarks, Christoph Menger, vice-president for regional sales, Siemens Energy, said the company is committed to timely delivery of Nigeria’s orders. CONTINUE READING….
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