$2.3bn Siemens Power Project Transformers Arrive Nigeria, Minister Confirms

Minister of Power, Adebayo Adelabu, announced on Sunday that transformers and substations designated for the $2.3bn Siemens power project have reached the country, marking significant progress in the project’s implementation.

“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,” Adelabu stated. “However, due to COVID-19 and unfortunate circumstances, progress was impeded until recently.”

Adelabu highlighted the role of the late Chief of Staff, Abba Kyari, in spearheading the project, expressing gratitude for President Bola Tinubu’s involvement, which revitalized the initiative.

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“We are almost through with the project’s pilot phase,” Adelabu said. “Five out of the 10 transformers have been installed, and three out of 10 mobile substations have been set up.”

He outlined the next phases, emphasizing the transformation of the transmission and distribution segments to enhance efficiency and prevent grid collapse.

“This will involve upgrading existing power transmission substations and establishing new ones,” Adelabu explained. “Similarly, enhancements will be made in the distribution sector, including the replacement and upgrade of transformers and the installation of new lines.”

Adelabu expressed optimism about the project’s impact, stating, “Once we are done with this first phase, Nigerians will start seeing improvements in the national grid’s strength and the effectiveness of distribution companies.”

The arrival of transformers and substations signifies a crucial milestone in Nigeria’s efforts to address its power challenges and enhance its electricity infrastructure.