Science/Technology › Re: Solar Eclipse Live Coverage by Paraman: 6:35pm On Apr 08, 2024 |
Felabrity: Nigeria no dey earth again? I wander o. It's as if people in North America are living in another planet |
Science/Technology › Re: Solar Eclipse Live Coverage by Paraman: 6:32pm On Apr 08, 2024 |
helinues: First sighting in Marzatlan, Mexico I've also sight it here in Ikosi Ketu |
Politics › Re: Soldiers Fight Bandits And Terrorists With Armoured Tanks (video/pics) by Paraman: 6:31pm On Apr 08, 2024 |
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Politics › Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Paraman(op): 6:30pm On Apr 08, 2024 |
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Politics › Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Paraman(op): 6:08pm On Apr 08, 2024 |
AliEzeOlu: Pictures or adonbelievit... APC and lies are just like lizards and wall. Even if you see the pictures, you will still doubt it Chibuzor |
Politics › Re: Betta Edu: N30bn Recovered, 50 Bank Accounts Under Investigation — EFCC by Paraman: 6:02pm On Apr 08, 2024 |
H |
Politics › Re: Photo Of The Borehole Peter Obi Donated To Kwarbai Zaria by Paraman: 5:57pm On Apr 08, 2024 |
It's a lie, this can't be the picture |
Politics › Re: Lagos-calabar Coastal Road: Landmark, Govt Mull Win-win Solution To Avoid Demoli by Paraman: 5:53pm On Apr 08, 2024 |
I'm fully in support of this win-win solution. I'm not in support of demolishing landmark. |
Politics › Re: Obaseki Picks 38-Year-Old Omobayo Godwin As Deputy Governor by Paraman: 5:33pm On Apr 08, 2024 |
Paraman: This is a ignorant statement.
Most of the oil wells in Ondo state is located in ilaje areas. in fact, ijaws in Ondo state are landlock. |
Politics › Re: I was impeached because I wanted to be Governor' - Former Edo Deputy-Gov, Shaibu by Paraman: 5:27pm On Apr 08, 2024 |
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Politics › Re: Bdcs Are In Trouble by Paraman: 5:10pm On Apr 08, 2024 |
wonlasewonimi: Take my advice, just buy dollars and hodl. These idiots in power are super inefficient. Can you show us the dollar you buy today? |
Politics › Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Paraman(op): 3:32pm On Apr 08, 2024 |
Entanglement: photo of project or I don't believe I trust you Chibuzor |
Politics › Re: $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Paraman(op): 3:20pm On Apr 08, 2024*. Modified: 6:45pm On Apr 08, 2024 |
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Politics › $2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria by Paraman(op): 3:15pm On Apr 08, 2024 |
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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Politics › Re: Obaseki Picks 38-Year-Old Omobayo Godwin As Deputy Governor by Paraman: 3:13pm On Apr 08, 2024 |
Emir01: 😂 dey play. I'm talking about culture, values, language, origin or descendant here. Benin people are not Yorubas oga |
Politics › Re: Bayelsa Council Polls: PDP Wins All 8 LGA seats by Paraman: 2:53pm On Apr 08, 2024 |
Melagros: COMRADES this news is very 'sweet' No single seat for the evil APC in Bayelsa When the APC payback the favour, I hope hypocrites like you won't wail |
Politics › Re: Obaseki Picks 38-Year-Old Omobayo Godwin As Deputy Governor by Paraman: 2:44pm On Apr 08, 2024 |
Emir01: It's disgusting for people not to know their history. Benins, Itsekiri, Akoko Edos, some part of Kogi are Yorubas. They created mid-West to disorganised Yorubas politically. This is just like claiming Efiks are igbos because they were part of the eastern region |
Politics › Re: Obaseki Picks 38-Year-Old Omobayo Godwin As Deputy Governor by Paraman: 2:41pm On Apr 08, 2024 |
Emir01: You are far from history, Benins, Itsekiri are more Yorubas than Akoko Edo, you need to pick up a history book to know the relationship between Benin and Yoruba. Not because of boundary, culture, language and descendant. Benins are not Yorubas |
Politics › Re: Obaseki Picks 38-Year-Old Omobayo Godwin As Deputy Governor by Paraman: 2:22pm On Apr 08, 2024 |
Nawa4nl: Ijaws were not originally in ondo
They were given to the south west as a reward for supporting the North during the civil war.
That way Ondo got Oil fields This is a ignorant statement. Most of the oil wells in Ondo state is located in ilaje areas. |
Politics › Re: Soldiers Fight Bandits And Terrorists With Armoured Tanks (video/pics) by Paraman: 2:06pm On Apr 08, 2024 |
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Business › Re: CBN Sells Dollars To BDCs Below Market Rate At ₦1,101/$1 by Paraman: 12:54pm On Apr 08, 2024 |
Owon: Wow! So low and cheap, yet these greedy abokì people will sell it to us @1,300 and above. You can't get $ at 1300 anywhere in Nigeria. Dollar is below 1160. BDC can't sell dollars above 1117. |
Business › Re: CBN Sells Dollars To BDCs Below Market Rate At ₦1,101/$1 by Paraman: 12:31pm On Apr 08, 2024 |
inoki247: Gbese  Gbese for people who bought the dollar above 1200. I know few friends who bought it at over 1700/$. One of them bought USDT at over 1800. |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 8:13am On Apr 08, 2024 |
DMerciful: Ok..stop crying na  Obi will never become the president of Nigeria |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 8:07am On Apr 08, 2024 |
DMerciful: Na you sabi Peter obi will never rule Nigeria. Nigeria will rather divide or the military will take ovet than for obi to rule Nigeria. |
Politics › Re: Petrol: Oil Marketers Propose N550/litre Price To Dangote by Paraman: 7:38am On Apr 08, 2024*. Modified: 8:06am On Apr 08, 2024 |
I know someone working at the Dangote refinery, and he said the refinery will start working in 2026 |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 7:38am On Apr 08, 2024 |
DMerciful: Tinubu grandchildren are Igbos. There's rumor that Sanwo-Olu son in law has Igbo blood. I wonder if he was allowed to vote in 2023 because he looks like Igbo  All this one no concern me bro... The most important thing is that, peter obi will never rule Nigeria. |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 7:23am On Apr 08, 2024 |
DMerciful: The people enjoying this water knows Obi but not you or Tinubu Tinubu is the president of Nigeria and he will rule till 2031. If obi like he should construct one million borehole in the north, he can never rule Nigeria |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 7:17am On Apr 08, 2024 |
DMerciful: You're now talking like a child, throwing juvenile fulminations Let obi lick his northern masters ass all he wants, the christian bigot will never rule Nigeria |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 7:16am On Apr 08, 2024 |
DMerciful: You're now talking like a child, throwing juvenile fulminations peter obi will never become the president of Nigeria. Nigeria will rather fall apart or the military will take over than for obi to rule. |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 7:04am On Apr 08, 2024 |
DMerciful: You're a nobody, hope you know? Obidients were also a nobody when they claim Tinubu will never rule. Peter obi can never rule Nigeria, Nigeria will rather fall apart or the military will take over than for obi to become the president of Nigeria |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 6:56am On Apr 08, 2024 |
DMerciful: Tinubu did not win, if he won genuinely, it will be well with you. If he did not win genuinely, it will not be well with you. Tinubu won a free and fair election, even obi and atiku couldn't dispute it when they got to the tribunal. Before and after the election, obidients were always claiming Tinubu won't rule even though they are not God. So now am saying it with full confidence, peter obi will never rule Nigeria |
Politics › Re: Obi In Bauchi, Donates Borehole, Gives Families Cash For Sallah by Paraman: 6:48am On Apr 08, 2024 |
DMerciful: Whether Obi rule or not is not a must but stop playing God because you don't know God's plan for Obi so that God will not consider you an obstacle and remove you from the way. Be guided! Did you tell Obidients to stop playing God when they claim Tinubu will never rule after he won the general election? Peter obi will never rule Nigeria. Tinubu will rule till 2031 and then handover to a northerner in the APC. |