badbwoy77:
Are you mad you no sabi read abi wetin

They said to give Siemens not they have given

basty:
Nigeria power sector is irredeemable..

badbwoy77:
You people need to understand that this generation will check you like cultist

RobsonsTARz:
Where did he borrowed $100 million again?

confluence:
When their term in office is almost over, this was a project conceived years ago by previous government, all they needed to do was to consolidate and continue , the late chief of staff Aba Kyri even travel to Germany several times, nothing was done

Rostikol:


Another blind criticism.

The contract to Siemens was awarded in early 2020 following their success in Egypt, and execution was stalled by the 'covid crisis' as the whole world went on lockdown for nearly 2 years. Now it's finally back on stream, and new transmission/distribution equipment is expected in September.

Serious work is ongoing to ensure a major increase in power output in this country. Be patient.

Rostikol:
The main problem is not power generation, as Nigeria has installed generating capacity approaching 13,000 megawatts.

The problem is in transmission and distribution, and this is Siemens' area of expertise.

Siemens are not a mushroom company. They have a reputation to uphold. They don't just take on any project because of money. It must be viable or they'll refuse.

They've come to Nigeria, and done their various assessments of the power infrastructure on ground, and concluded it was feasible.

And then they agreed to take on the project.

And Nigeria is dropping the money in cash.

Sot it's really just a question of when, not if, the power crisis in Nigeria will become history.

Rostikol:


what?

Rostikol:
FG releases $100m to Siemens to further power sector rehabilitation

July 7, 20222

By Habeeb Adamu

The Federal Government of Nigeria [has released] $100 million to Siemens to carry on with the necessary rehabilitation works in the power sector.

This is coming on the basis of an agreement between the government and the National Assembly on the compelling need to improve the power supply situation in the country. The agreement would enable Siemens to strengthen the necessary infrastructure that would raise the country’s power generation to 7,000 megawatts (MW) under the Presidential Power Initiative.

Gabriel Suswan, chairman, Senate Committee on Power, who disclosed this Wednesday at the Nigeria Oil and Gas Conference in Abuja, said Siemens AG’s accomplishment of a similar plan in Egypt gives hope that the Nigeria Electricity Roadmap (NER) is possible and achievable.

The Siemens Power Project under the Presidential Power Initiative is aimed at increasing Nigeria’s electricity from the current 4,500 MW to 25,000 MW, but this will come in phases. The phases cover the upgrading and expansion of the Transmission Networks (TN) and Distribution Companies (DisCos) networks, improvement of access to affordable, efficient and reliable electricity, and providing support for industrial and economic growth in the country.

In Nigeria, the imbalance between power generation, evacuation, dispatch and consumption is a major challenge for the population of over 200 million people. While over 13 GW of grid power generation capacity is installed, only approximately 3.4 GW reaches consumers on average.

Siemens was introduced to assess the situation in Nigeria’s power sector, alongside other stakeholders from Nigeria’s Ministry of Power, Bureau of Public Enterprise (BPE), (NERC), Transmission Company of Nigeria (TCN) and DisCos, with an immediate priority to enhance the transmission and distribution segment of the power sector.

“Given Siemens AG’s accomplishment of a similar plan in Egypt and also its reputation as an international giant in the power sector related engagements, it is strongly believed that the Nigeria Electricity Roadmap (NER) is possible and achievable,” Suswan said.

https://www.businessamlive.com/fg-to-release-100m-to-siemens-to-further-power-sector-rehabilitation/

omowolewa:
Hope all clauses were well reviewed to avoid another P&ID senerios

Rostikol:
FG releases $100m to Siemens to further power sector rehabilitation

July 7, 20222

By Habeeb Adamu

The Federal Government of Nigeria [has released] $100 million to Siemens to carry on with the necessary rehabilitation works in the power sector.

This is coming on the basis of an agreement between the government and the National Assembly on the compelling need to improve the power supply situation in the country. The agreement would enable Siemens to strengthen the necessary infrastructure that would raise the country’s power generation to 7,000 megawatts (MW) under the Presidential Power Initiative.

Gabriel Suswan, chairman, Senate Committee on Power, who disclosed this Wednesday at the Nigeria Oil and Gas Conference in Abuja, said Siemens AG’s accomplishment of a similar plan in Egypt gives hope that the Nigeria Electricity Roadmap (NER) is possible and achievable.

The Siemens Power Project under the Presidential Power Initiative is aimed at increasing Nigeria’s electricity from the current 4,500 MW to 25,000 MW, but this will come in phases. The phases cover the upgrading and expansion of the Transmission Networks (TN) and Distribution Companies (DisCos) networks, improvement of access to affordable, efficient and reliable electricity, and providing support for industrial and economic growth in the country.

In Nigeria, the imbalance between power generation, evacuation, dispatch and consumption is a major challenge for the population of over 200 million people. While over 13 GW of grid power generation capacity is installed, only approximately 3.4 GW reaches consumers on average.

Siemens was introduced to assess the situation in Nigeria’s power sector, alongside other stakeholders from Nigeria’s Ministry of Power, Bureau of Public Enterprise (BPE), (NERC), Transmission Company of Nigeria (TCN) and DisCos, with an immediate priority to enhance the transmission and distribution segment of the power sector.

“Given Siemens AG’s accomplishment of a similar plan in Egypt and also its reputation as an international giant in the power sector related engagements, it is strongly believed that the Nigeria Electricity Roadmap (NER) is possible and achievable,” Suswan said.

https://www.businessamlive.com/fg-to-release-100m-to-siemens-to-further-power-sector-rehabilitation/

Rostikol:
The main problem is not power generation, as Nigeria has installed generating capacity approaching 13,000 megawatts.

The problem is in transmission and distribution, and this is Siemens' area of expertise.

Siemens are not a mushroom company. They have a reputation to uphold. They don't just take on any project because of money. It must be viable or they'll refuse.

They've come to Nigeria, and done their various assessments of the power infrastructure on ground, and concluded it was feasible.

And then they agreed to take on the project.

And Nigeria is dropping the money in cash.

Sot it's really just a question of when, not if, the power crisis in Nigeria will become history.

SU50:


As in, if you have been following this story from the last 2-3 years you must have seen this, as long we can maintain consistency, there is light at the last and of tunnel. My fear is let's hope the next administration remains committed and act in overall interest of the nation, things may change for the better.

OfoIgbo:
Congratulations to Peter Obi.

His trip to Egypt has exposed Buhari's government lethargy and corruption in the power sector, so much so that this government was shocked into doing something about Nigeria's totally inadequate power situation.

Egypt only needed six weeks to negotiate with Siemens, while Buhari's government needed many years. If not for Obi's trip to Egypt and Obi's diligence in pointing out how the president of Egypt took the Egypt power situation seriously, Buhari wouldn't have OK'ed this deal to go ahead.

Peter Obi's effect is already being felt. GO and VERIFY

Rostikol:


What a load of ignorant rubbish.

This project has absolutely nothing to do with your Peter Obi, you stupid moro.n.

This is a deal that commenced long before Obi even thought of becoming president.

Blasted ignorant moro.n.

You've come with your stupid IPOB narcissistic mentality to pollute even the Obi candidacy with your spitefulness, lying, and hate.

Disgusting people.

Rostikol:


What a load of ignorant rubbish.

This project has absolutely nothing to do with your Peter Obi, you stupid moro.n.

This is a deal that commenced long before Obi even thought of becoming president.

Blasted ignorant moro.n.

You've come with your stupid IPOB narcissistic mentality to pollute even the Obi candidacy with your spitefulness, lying, and hate.

Disgusting people.

SU50:


Brother, leave obi's supporters for your own sanity. Guys were living in mars all this while, they just started learning about Nigeria a month ago.

Dumb thing said it took obi for the project to start, didn't know that the project has been ongoing in phases since 2019.

Obi supporters, when they call you names, things like these are what cause am.