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$2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria - Politics - Nairaland

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Obasanjo Offers To Testify Against Agunloye In $2.3bn Mambilla Arbitration / FG-Siemens Power Deal: Transformers Arrive Nigeria / Usman Gur Mohammed Sacked Over N781bn Siemens Power Deal (2) (3) (4)

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$2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Paraman: 3:15pm On Apr 08
Electricity transformers and substations meant for the $2.3bn Siemens power project have arrived in the country as the project gains traction, Minister of Power, Adebayo Adelabu, said on Sunday.

The development came a few months after the Federal Government renewed the mega power project contract with the German government and Siemens, following several months of delays.

The minister in a statement on Sunday said the COVID-19 pandemic and the death of the late Chief of Staff to former President Muhammadu Buhari, Abba Kyari, hampered the implementation of a Memorandum of Understanding signed between Nigeria and Siemens to transform power transmission and distribution in the country.

According to Adelabu, Kyari, who died as a result of COVID complications, was the arrow head of the project, saying the project remained stalled until President Bola Tinubu came on board.

“In 2018, the Nigerian government signed a memorandum of understanding with the German government for the presidential power initiatives, also known as the Siemens contracts. The German government agreed to lend Nigeria $2.3bn and employ Siemens to transform Nigeria’s transmission and distribution sector.

“However, due to COVID-19, significant progress has yet to be made in implementing these projects. Unfortunately, the late Chief of Staff to the President, Malam Abba Kyari, the foremost champion of the project, passed away. After that, an election occurred, and a new government took over. Between 2018 and 2023, there were no significant developments concerning the agreements,” a statement made available to The PUNCH on Sunday by Adelabu’s media aide, Bolaji Tunji, quoted him as having said at a briefing on Friday.


According to Adelabu, the project was supposed to proceed in two phases, but the pilot phase only progressed significantly when the Tinubu government emerged.

“In November 2023, during the visit of the German Chancellor to Nigeria, one of the issues discussed was the need to continue with the project. Recently, there was an African Business Summit in Germany, which was attended by the President, and I was privileged to accompany him to the summit. During the summit, we had extensive conversations with our German counterparts regarding a project, and we were both convinced that it would benefit both countries to proceed with an MOU. We agreed to sign an acceleration agreement to kick-start the project again.

“In December 2023, at COP 28 in Dubai, an affiliation agreement was signed between the federal government, the German government, Siemens Energy, and FGN Power Company Limited. Following this, we commenced the project analysis, and I am pleased to inform you that we are almost through with the project’s pilot phase.


“The pilot phase involved the offshore importation of ten power transformers and ten mobile substations to be used as a Proof of Concept for these projects. All these items have arrived in the country,” the minister stated.

According to him, five out of the 10 transformers have been installed at various locations across the country.

“We have also installed three out of 10 mobile substations, with seven more to go. Once we finish installing them, we will commission and energise them. At that point, Nigerians will begin to see the impact of this project,” he explained.

Adelabu noted that the next phases of the project included transforming the transmission segment or network by expanding the transmission capacity and strengthening the transmission to avoid the current fragility that leads to persistent grid collapse.

This, he said, would involve upgrading about 14 existing power transmission substations as well as the establishment of 22 new transmission substations.

“It’s going to involve the installation of new transmission power lines, the reconducting of some lines, and the conduct of some existing power lines, totaling almost 14,000 kilometers as the transmission segments. The same thing applies to the distribution segments, whereby our existing injection substations will be enhanced in the distribution companies.

“There will be replacements and upgrades of 33KV and 11KV transformers, numbering about 6,000 transformers. We will also reconduct and install new lines, totaling almost 22,000km of lines.

“So, I believe that once we are done with this first phase of the presidential power initiatives, called Siemens projects, Nigerians will start seeing improvements in the strength of the national grid and the efficiency and effectiveness of the distribution companies. We are on top of it, and President Bola Ahmed Tinubu is exceptionally committed to seeing these projects come to reality,” he maintained.

https://punchng.com/2-3bn-siemens-power-project-transformers-substations-arrive-nigeria/?utm_source=telegram&utm_medium=social

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Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Paraman: 3:20pm On Apr 08
Paraman:
We have also installed three out of 10 mobile substations, with seven more to go. Once we finish installing them, we will commission and energise them. At that point, Nigerians will begin to see the impact of this project,” he explained.

https://punchng.com/2-3bn-siemens-power-project-transformers-substations-arrive-nigeria/?utm_source=telegram&utm_medium=social
When will the first phase be ready?

5 Likes

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by GigdraftAdvert: 3:22pm On Apr 08
Interesting!


What intrigues you about my profile?

3 Likes

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by silento(m): 3:22pm On Apr 08
Nigeria will be great again only if the greed people at top will reduce way they chop

55 Likes 2 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by jaydeeking(m): 3:22pm On Apr 08
Nice
Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by AskNgige2: 3:22pm On Apr 08
Audio and APC are like 5and6

45 Likes 9 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by FreeStuffsNG: 3:23pm On Apr 08
God bless the family of the late Chief of Staff to the President, Malam Abba Kyari, the foremost champion of the project.
God bless President Muhammadu Buhari for personally leading the project at the highest offices of both nations.

God bless President Bola Ahmed Tinubu for continuing with this great legacy of President Buhari.

Thank you German Chancellor Angela Merkel for making this partnership a reality during your tenure.

May God bless Nigeria for ever! Check my signature for free stuffs!

82 Likes 8 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by PheelzAlmighty: 3:23pm On Apr 08
Watch Nigerians frustrate it with their fantastically corrupt philosophies..


Nonsense and apc

12 Likes 1 Share

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Ejiakusmith(m): 3:23pm On Apr 08
I just lose seven thousand naira now on a virtual bet .... Money I just withdraw for food stuffs purposes.......... Feeling like going to comma now 😭😭😭😭😭

19 Likes 2 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by NAC1666: 3:23pm On Apr 08
Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Bonaventura(m): 3:24pm On Apr 08
We've been hearing of this Siemens project for years now. This is one of the redherring to distract us from the fact that Tinubu and his ministers have been failures.

Best hands in the mud.

Their reactionary approach to development wants to make one cry.

By the time the foreign reserve is completely depleted because they are pretending to be defending the naira we'll know what else they'd say.

Adelabu is one of the worst performing minister out of the bunch of mediocre ministers of Tinubu. He's the worst of the worst.

He increased electricity tariffs in the dead of the night just like his mandate thief principal was illegitimately announced in the dead of the night and now he wants to distract us with Siemens behemoth project.

Ọkụ gbakwaa all of them.

Ndị ara!

12 Likes 3 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by boykas(m): 3:24pm On Apr 08
Hence the price hike... This man na werey

1 Like

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Balistic4: 3:24pm On Apr 08
Tinubu behaves like the devil, give you 1 and take 100, and you go back to square -99 shocked shocked shocked shocked

5 Likes 3 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by courage89(m): 3:24pm On Apr 08
Devil is in the details, or implementation

1 Like

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Ijaya123: 3:25pm On Apr 08
This is nice one.

If you’re one of those always wish for bad news to happen in Nigeria 🇳🇬 so you can celebrate with your fellow mob who have been afflicted with the spirit of witchcraft, May you continually be surrounded by bad news.

31 Likes 4 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by free2ryhme: 3:25pm On Apr 08
Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Kukutenla: 3:25pm On Apr 08
I thought someone said we need $100bn every year to resolve our power issues


cc: nairalanda1
Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by LordGuru1: 3:25pm On Apr 08
Wow! The Giant of Africa is finally rising for the whole World to respect and honor!
Just as Americans do daily for their Country, have you said it today:
GOD Bless Nigeria!


Like if better Nigeria is your desire and prayer, share if not.

32 Likes

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Entanglement: 3:26pm On Apr 08

5 Likes 2 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Oceemo(m): 3:26pm On Apr 08
Make we see the visibility of all this project we go know say Nigeria go better
Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Johnjustice: 3:26pm On Apr 08
This is what FG should be talking about, generating and transmitting more power, so every Nigeria has 24hrs power a day, at that point government can subsidize for low income Nigerians.

Every Nigeria deserves 24hrs power, this is 2024, talk of band A 24hrs, band B 16hrs, band c 12hrs and d 6 hours is nonsense and discriminatory.

Nigerians must benefit from the wealth of the nation, see the Siemens project through and ensure public installation facilities are well guarded and positioned strategically, out of the reach of saboteurs and bandits.

10 Likes 1 Share

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by mrdharkchild(m): 3:26pm On Apr 08
And after installation, the transformers won't taste power till power generation os sufficient. Lolz
Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by RenaissanceGuy: 3:26pm On Apr 08
As far back as 1918, almost every inch of Russia was already using electricity. It's 2024 and Africans are still relying on America, China and Europe to construct 20MW power plants for them.

7 Likes 2 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by olu77(m): 3:26pm On Apr 08
Hopefully, this will work as promised

1 Like

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by mytime24(f): 3:26pm On Apr 08
Science rocket 🚀

3 Likes

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by PandoraObi: 3:27pm On Apr 08
hbb

1 Like

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by DIVINEEVIDENCE: 3:28pm On Apr 08
The German government agreed to lend Nigeria $2.3bn and employ Siemens to transform Nigeria’s transmission and distribution sector.

Omo!

We still dey borrow on top our debt profile?
Who will repay all these debts bikokwanunu?

7 Likes

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Artscollection: 3:28pm On Apr 08
Balistic4:
Tinubu behaves like the devil, give you 1 and take 100, and you go back to square -99 shocked shocked shocked shocked

Haha
Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by AkinPhysicist: 3:28pm On Apr 08
cheesy How? I thought they said foreign investors don't like Tinubu?cheesy

13 Likes 3 Shares

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by mrdharkchild(m): 3:28pm On Apr 08
LordGuru1:
Wow! The Giant of Africa is finally rising for the whole World to respect and honor!
Just as Americans do daily for their Country, have you said it today:
GOD Bless Nigeria!


Like if better Nigeria is your desire and prayer, share if not.

You post is basically asking for likes or shares.
Lilz, for emotional balancing, yea!!!!
Lolz

1 Like

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by JuanDeDios: 3:28pm On Apr 08
Paraman:


https://punchng.com/2-3bn-siemens-power-project-transformers-substations-arrive-nigeria/?utm_source=telegram&utm_medium=social
This shows how dysfunctional the Buhari administration was. Chief of Staff died and project died. Power minister or the next CoS could not continue! It took another government to resurrect the project. Shame.

10 Likes

Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Artscollection: 3:28pm On Apr 08
RenaissanceGuy:
As far back as 1918, almost every inch of Russia was already using electricity. It's 2024 and Africans are still relying on America, China and Europe to construct 20MW power plants for them.

Not africans, na naija just stroll enter seme

1 Like

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