Nigerian-german Siemens AG Electricity Deal Resumes, Targets 2000MW In 2 Months

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Nigerian-german Siemens AG Electricity Deal Resumes, Targets 2000MW In 2 Months

On Tuesday, FGN Power Company, a Special Purpose Vehicle (SPV) set up for the Nigerian-Siemens power deal said electricity equipment like transformers and mobile power substations are expected to arrive in Nigeria in September.

The delay in executing the partnership, which was attributed to Covid-19, has contributed to the deterioration of Nigeria’s poor electricity supply.

But the Managing Director, FGN Power, Kenny Anuwe, said on Tuesday in Abuja, while speaking on the project, that by the time the power equipment are installed, there would be major improvement in the supply of electricity in the country.


I think this is great news, I just wish president buhari had put more focus on this earlier in his tenure, however it is better late than never