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Nigeria, Germany ink agreement to accelerate execution of Siemens power project

President Bola Ahmed Tinubu (3nd left), German Chancellor Olaf Scholz (r), and Other Top Officials at the Signing of an Accelerated Performance MoU on PPI, in Dubai, UAE Photo: State House

*President Bola Ahmed Tinubu and German Chancellor Olaf Scholz, in Dubai, UAE, have witnessed the signing of an accelerated performance agreement aimed at fast-tracking implementation of the Presidential Power Initiative to improve electricity supply across Nigeria

Isola Moses | ConsumerConnect

President Bola Ahmed Tinubu and German Chancellor Olaf Scholz evening Friday, December 1, 2023, in Dubai, United Arab Emirates (UAE), witnessed the signing of an accelerated performance agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria.

The Federal Government disclosed the agreement was consummated on the sidelines of the ongoing COP28 climate summit.

Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, in a statement Friday, said Mr. Kenny Anuwe, Managing Director and Chief Executive Officer (CEO) of FGN Power Company signed for Nigeria while Ms. Nadja Haakansson, Siemens Energy’s Senior Vice President and Managing Director for Africa for Germany.

The PPI, formerly known as the Nigeria Electrification Roadmap Initiative, was the outcome of the visit of former German Chancellor Angela Merkel to Abuja in August, 2018, stated the Presidential media aide.

Tinubu’s move to accelerate PPI implementation

The Presidency recalled that an agreement was signed between the governments of Nigeria and Germany 2019 to improve the power sector of the West African country.

Ngelale also said since President Tinubu assumed office May 29 this year, he had consistently advocated the accelerated realisation and expansion of the PPI.

“To achieve this, the project has been a major focal point in three rounds of bilateral discussions at several meetings between the President and the German Chancellor, in New Delhi, Abuja and Berlin,” the statement affirmed.

The Federal Government, therefore, stressed that the agreement accelerated implementation of the power project signed Friday would address the end-to-end modernisation and expansion of Nigeria’s electric power transmission grid with the full supply, delivery and installation of Siemens-manufactured equipment under the time line of 18 to 24 months.

According to the Spokesman, the new agreement will ensure project sustainability and maintenance with full technology transfer and training for Nigerian engineers at the Transmission Company of Nigeria (TCN).

Insight into Siemens Energy’s power equipment delivery, by Anuwe

Speaking after the signing ceremony in Dubai, Mr. Kenny Anuwe, Managing Director of FGN Power Company, highlighted Siemens Energy’s effective delivery of crucial equipment worth over 63 million Euros to the country since the project commenced.

The FGN Power Company CEO said these include 10 units of 132/33KV mobile substations; 3 units of 75/100MVA transformers, and 7 units of 60/66MVA transformers, currently being installed by the company at various sites across Nigeria.

The Nigerian Government stated: “The project will also focus on identified load demand centres with a particular emphasis on economic and industrial hubs nationwide; execution of new 330kV and 132/33KV substations in target load centres with economic priority, in addition to thousands of kilometres of overhead transmission lines to connect new substations with existing ones.”

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