NewStats: 3,265,285 , 8,186,250 topics. Date: Saturday, 14 June 2025 at 09:15 AM 572l3t

Siemens Energy, a German engineering company, says plans to complete the revamping of Nigeria’s power infrastructure will take an additional five years than originally planned due to delays caused by the coronavirus pandemic (COVID-19).

Oladayo Orolu, head of business development and government relations at Siemens Energy, spoke on Monday in an interview with Bloomberg.

In July 2019, the federal government signed a power project deal with Siemens AG to deliver 7,000 megawatts (MW) of electricity to the national grid by 2021, and 11,000 megawatts by 2023 — in phases one and two of this initiative, respectively.

The deal was under the presidential power initiative (PPI), a power upgrade and modernisation programme between the Nigerian government and Siemens with the of the German government.


A year later, the federal government approved the payment of €15.21 million and N1.708 billion as counterpart funding for the project.

In December 2021, the federal executive council (FEC) also approved $1.9 million and €62.9 million for phase one of the project which sought to modernise, rehabilitate, and expand the national grid.

Abubakar Aliyu, the former minister of power, had said the three-phased project would expand Nigeria’s electricity to 25,000MW when completed, and “commence in the first quarter of 2022”.


But the project has since been behind schedule.

Providing updates during the Bloomberg interview, Orolu said the deal to rehabilitate and expand the country’s electricity grid by 2025, will now be concluded in 2030.

“The three-phase project was set back by delays in starting the first phase,” he said.

“When we conceptualised this project in 2018, our plan was within two years we should be done with phase one, but then COVID happened, disrupting supply chains, which meant getting raw materials took longer than before.”


Orolu also said “cost overruns also affected the project’s completion, as we expected electricity output to increase by an additional 2,000 megawatts at the completion of phase one by 2025”.

“We currently have 5000, we are looking at taking that to 7,000,” he added.

“Prices are not at the same level they used to be. In 2020, phase one was projected to cost about €2 billion.

“Some raw material components costs have been doubled, some are still close to where they used to be, some are just marginally higher.”

Meanwhile, former President Muhammadu Buhari, in October 2022, said 20 power transformers and mobile stations will be delivered from and installed in the country by May 2023.

https://www.thecable.ng/siemens-extends-completion-of-nigerias-power-project-to-2030-cites-high-prices/amp

Okay oooo

Na so

Dem know say at the current speed the burial ceremony of the current British nonsense go don complete.

Who wan ask dem for balance by then?

All the projects that Buhari signed seems to be audio






God continue to punish that misfit of a leader and those associated with him

7 more years plus added years of retrofitting.

christejames:
All the projects that Buhari signed seems to be audio






God continue to punish that misfit of a leader and those associated with him

Those praising incompetency don't know, everybody will share the breakfast.

iwaeda:

Those praising incompetency don't know, everybody will share the breakfast.

Don't mind them, and Tinubu is already toeing the same path...



Propaganda!

The clowns were rejoicing when some few transformers were brought in. Their epic ignorance didn't let them know that power plant for generation is the main issue.

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Throwback:
There is a strong local and international cabal that wants to keep Nigeria from having uninterrupted power and local refining of our crude oil.

This cabal is determined that we must continue importing all our fuels and consuming these fuels to run our vehicles and electric generators.

After ing Buhari and Tinubu, you are still blaming cabal.
You forgot to blame Obi as you people usually do.

Lol after how many Govt so 247 electricity in Nigeria finally is a rocket science....

This is why Nigeria will NEVER move forward because of tribalism and religion.

THEY KEPT VOTING THE AXE 🪓 BECAUSE IT HAS A WOODEN HAND, SO THEY THOUGHT IT WAS ONE OF THEM

Nigeria, we hail thee!
I just realised that line in the first anthem was satirically prophetic.

It took Siemens less than 3 years to complete a similar project in Egypt, but its like Nigeria's case file submitted to heaven have been used to buy akara.
The sad truth is that even the projected 7 years is merely a mirage. Siemens may just pack up and go... Light we no go see.

Lugard, if Nigerians ever wish you RIP, just know the P sparogatively doesn't mean Peace.

But why again

Haaa

Nigerian govt na scam

I have Joy in Chaos.

I have peace that made no sense.

You are fool if you think this country we get better. You this and know peace.

Till next century.

Okay

Uhmm

There is a strong local and international cabal that wants to keep Nigeria from having uninterrupted power and local refining of our crude oil.

This cabal is determined that we must continue importing all our fuels and consuming these fuels to run our vehicles and electric generators.

Mad country

What nonsense
There are a lot of projects commissioned in the buhari istration that has turned out to be audio
The dangote refinery ( has not finished construction)
Nigeria air ( whatever the Fvck they’re saying about this)
Now power plant (pushed back five years)
Akk gas pipeline
North oil drilling exploration
Kano maradi rail

So what happened to the billions of dollars
Anyway asiwaju is here to make things right

So many projects that’s haven’t been completed why

After jobless APC yoots were disturbing us with Semen Semen deal up and down look at the yeye deal.

If we talk they will say we hate Nigeria, only looters and their zombie ers love Nigeria.

We don tire


Actively buying Bitcoin,gift cards and USDT sweet and fast payment

Buhari audio project. APC is evil

Not a good development at all

Nice one up apc

One of the Buhari's commissioned projects

They planned increasing the power generation to 25,000 MW when completed in 2030.
This is 2023 and we are still dragging and fighting with 3,000 MW.
God help Nigeria

APC OLEEEEEEE

iwaeda:
7 more years plus added years of retrofitting.

Thanks to covid , as the article said.

I no dey like APC, and I no dey like Buhari and Tinubu, but covid caused a lot of delays and messes that we are still dealing with today. Things could not move freely and easily. Projects got delayed.