THE Federal Government has approved Siemens’ pre-engineering contract, thus enabling the company to start work on Nigeria’s 25,000 megawatts expansion project.

In a statement obtained by Vanguard, yesterday, the company stated: “The pre-engineering contract forms the initial step in the Presidential Power Initiative (PPI), formerly the Nigeria Electrification Roadmap, outlined by Siemens and the Federal Government of Nigeria in July 2019.

“The PPI project aims to upgrade the electricity network to achieve the operational capacity of 25,000 megawatts (MW) from the current average of around 4,500 MW, through a series of projects spanning three phases.


“Siemens will begin pre-engineering works for the transmission, distribution, and meter data management systems (MDMS) infrastructure across the country, to enable the development of a functional, efficient and reliable electricity grid system. Comprehensive studies and power system analysis software for the Nigerian utilities are also included.

“Nigeria’s power system is suffering from an imbalance between power generation and demand. Despite more than 8,000 MW of operational power generation capacity in the country, only an average of 4,500 MW reliably reaches consumers.

“This inadequate power supply results in regular brownouts and blackouts and has restrained Nigeria’s economic development. Raising Nigeria’s operational electricity capacity to 25,000 MW will power various industries and businesses, as well as significantly improve access and reliability of power supply to the Nigerian people.

“This project will also facilitate the creation of thousands of jobs while generating new opportunities for small and medium enterprises (SMEs) across the country. This will in turn increase Nigeria’s GDP and boost economic productivity.”

Similarly, Minister of Power, Saleh Mamman, stated: “This significant, timely and high-level intervention between President Buhari and Chancellor Merkel addresses critical infrastructure deficits in the value chain and helps reposition the power sector to become more attractive, viable and investable.”

Also, the Minister of Finance, Zainab Shamsuna Ahmed, said: “The Government loses over $1 billion annually due to technical and commercial inefficiencies along the electrification value chain. The PPI will help eliminate these inefficiencies and unlock economic value for the country.”

“The PPI aligns very strongly with the key objectives of the power sector reforms initiated by Government and superintended by the Bureau of Public Enterprises, which were to attract private sector investment into the power sector, increase operational efficiencies and improve service delivery to end-users,” said Alex A. Okoh, Director General, Bureau of Public Enterprises, Federal Republic of Nigeria.”

“This contract is one important step as part of the development of vital electrification infrastructure that will ensure reliable power supply, remove constraints in Nigeria’s electricity grid, secure additional revenue for investors, and build competent local content and capacity,” said Onyeche Tifase, Managing Director Siemens Nigeria.

“The projects will create vital direct and indirect jobs for Nigerians and local businesses, thus enabling economic growth and increased productivity, based on the supply of reliable electricity.”

The pre-engineering contract is the start of a longer-term approach. Phase 1 of the PPI will focus on essential and quick-win measures to increase the system’s operational capacity to 7,000 MW and to significantly reduce the ATC&C financial losses.

As part of Phase 1, Siemens will provide general technical training on core competency areas as well as training for employees of Nigeria’s 11 electricity distribution companies, the Transmission Company of Nigeria, and regulators, on all the equipment and software being provided by Siemens.

Phase 2 will target the remaining network bottlenecks to enable full use of existing generation and distribution capacities, bringing the systems operational capacity to 11,000 MW.

Phase 3 will develop the system up to 25,000 MW in the long-term. This includes upgrades and expansions in the generation, transmission, and distribution.


https://www.vanguardngr.com/2020/07/siemens-begins-work-on-25000mw-project-as-fg-approves-pre-engineering-contract/amp/

Another white elephant project.

I have lost confidence in Nigerian government

For now, we may not need foreign companies for our power supply. Wasting millions without find solution to transmission and distribution is a waste of resources.
My own kobo........

flyingpig:
White elephant project.

Billions will go down the drain as usual.

Next!

nigeria has a big issue, no one wants to trust this politifcian.

flyingpig:
White elephant project.

Billions will go down the drain as usual.

Next!

How dumb can you be to think providing electricity is a white elephant, it will save Nigeria over 5 billion dollars. Create more jobs, more efficiency and spearhead Nigeria into an industrial revolution

[quote author=flyingpig post=92247215][/quote]

Some Nigerians and being stupid are like one and two. And you just happen to fall into this demographic well done.

jidamsel43:
Another white elephant project.

I have lost confidence in Nigerian government

Failure, at least try and make enough money to buy petrol for your generator, who do you think is going to fix the electricity issues for you?

Thunder warm up

favor914:
Failure, at least try and make enough money to buy petrol for your generator, who do you think is going to fix the electricity issues for you?

He's expecting a Miracle.

We have wind and solar in abundance.....

God bless PMB

Na siddon look I dey so. All talk no action

Omooba77:
We have wind and solar in abundance.....

Yes they are going to power 5 million houses with solar energy so far they have powered over 20 000 houses. For wind I don’t know why it isn’t being used,

Miracle1991:
God bless PMB

Get a Chinco name

This politicians ehn
if them like award 50,000mw, Nigerian politicians will still sell the electricity to Togo, Benin, Niger etc

No be only Siemens, Nah Semen

Abohboy:


Yes they are going to power 5 million houses with solar energy so far they have powered over 20 000 houses. For wind I don’t know why it isn’t being used,

North and South like Rivers, Akwa Ibom has wind in abundance

This is massive. If Buhari can deliver this project, his name will never be forgotten in the history of Nigeria.

Omooba77:
For now, we may not need foreign companies for our power supply. Wasting millions without find solution to transmission and distribution is a waste of resources.
My own kobo........

Such a shame you did not read and understand what you posted. The presidential power initiative is a comprehensive plan that cut across all value chain in the power industry. It is not Just about power generation, it involves transmission, distribution, and metering data management. Read the story very slowly and understand the content before criticizing blindly.

We can't wait, according to the completion timeline Nigerians will start to feel the impact of this before the june 2023.

seunmsg:


Such a shame you did not read and understand what you posted. The presidential power initiative is a comprehensive plan that cut across all value chain in the power industry. It is not Just about power generation, it involves transmission, distribution, and metering data management. Read the story very slowly and understand the content before criticizing blindly.

You are here tonight.....The you know how much it will cost... Same deal that sent Abba out.....Siemens has little to contribute. All we need to do is booster

Abohboy:


How dumb can you be to think providing electricity is a white elephant, it will save Nigeria over 5 billion dollars. Create more jobs, more efficiency and spearhead Nigeria into an industrial revolution

Bro lunatics raised by PDP too many for NL.

flyingpig:
White elephant project.

Billions will go down the drain as usual.

Next!

You're a worthless fool. May the failure you wish for the nation befall you and no one else.

Abohboy:


How dumb can you be to think providing electricity is a white elephant, it will save Nigeria over 5 billion dollars. Create more jobs, more efficiency and spearhead Nigeria into an industrial revolution

Na Low IQ be him problem.

Superwave:


Bro lunatics raised by PDP too many for NL.

Bros their brains was also looted during those locust years of waste. PDP share the money.