Siemens and the Federal Government of Nigeria signed an implementation agreement for the Nigeria Electrification Roadmap whose goal is to resolve existing challenges in the power sector and expand the capacity for the future power needs of the country.
The document was signed by Joe Kaeser, President and CEO of Siemens AG, Onyeche Tifase, CEO of Siemens Limited and Alex Okoh, Director General/CEO of Bureau of Public Enterprises in Abuja in the presence of Muhammadu Buhari, President of Nigeria.
Nigeria`s power system is suffering from an imbalance between power generation and consumption. Despite more than 13,000 megawatts (MW) of power generation capacity in the country, only an average of 3,400 MW reliably reaches consumers, Siemens stated in the press release.
The Roadmap is structured in three phases. Phase 1 is focusing on essential and quick-win measures to increase the system`s end-to-end operational capacity to 7,000 MW. Phase 2 is targeting remaining network bottleneck`s to enable full use of existing generation and distribution capacities, bringing the systems operational capacity to 11,000 MW. Phase 3 is developing the system up to 25,000 MW in the long-term. This includes upgrades and expansions in both generation, transmission and distribution.
Source: Siemens