The power supply will increase by 2,000 megawatts as the Federal Government of Nigeria Electricity Company and other stakeholders involved in the Presidential Electricity Initiative are currently awaiting the arrival of the first two power transformers which will be delivered by Siemens Energy.
A senior industry source, who preferred not to be named, said the punch Monday that the parties to the project, including the FGN Power Company, have committed to its delivery.
This, according to the source, would boost household and business supply, thereby improving the productivity of the national economy.
Energy Minister Abubakar Aliyu had urged Siemens senior management and company CEO Christian Bruch to accelerate action on mobile equipment manufacturing, given global component constraints and the war in Ukraine.
Aliyu and Finance Minister/Chairman of the Board, FGN Power Company, Zainab Ahmed, had also presented a memorandum to the Federal Executive Council requesting approval for the purchase of 10 power transformers and 10 mobile substations under the President’s Electricity Initiative which was recently approved.
Checks by the punch showed that the first two power transformers have been manufactured and will be delivered in September 2022 as part of a quick win strategy after successful completion of factory acceptance testing.
Aliyu expressed his joy over the project saying that the Factory Acceptance Tests had passed.
He said, “Transformers will especially help solve transmission/distribution interface problems in the power sector. Mr. President and the Federal Government remain committed to improving access to reliable access to electricity for Nigerians.
“Furthermore, I am confident that the Presidential Power Initiative will achieve its goals of providing electricity to homes and businesses across the country.”
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