Nigerian Government, Siemens Signs Electricity Deal

The Government of Nigeria and German power generation system supplier Siemens have signed an agreement for the Nigerian Electrification Roadmap.

Under the deal software maintenance and support will be provided to the Transmission Company of Nigeria (TCN) and eleven DisCos in the country.

The agreement follows a meeting between President Muhammadu Buhari and German Chancellor Angela Merkel last year, as well as several visits to the country by the Siemens team.

In a similar project with Egypt Siemens reported boosted power generation capacity of more than 40 per cent and the addition of 14.4 gigawatts to the national grids.

Speaking on the deal as he met with Siemens chief Joe Kaeser President Buhari stated, "My challenge to Siemens, our partner investors in the Distribution Companies, the Transmission Company of Nigeria and the Electricity Regulator is to work hard to achieve 7,000 megawatts of reliable power supply by 2021 and 11,000 megawatts by 2023 - in phases 1 and 2 respectively."

“After these transmission and distribution system bottlenecks have been fixed, we will seek - in the third and final phase - to drive generation capacity and overall grid capacity to 25,000 megawatts,” he added.