President Muhammadu Buhari yesterday unveiled a new power target for the country, following the signing of an electricity road map agreement between the Federal Government and German-based Siemens. The signing of the implementation agreement was held at the Presidential Villa, Abuja. The Director General of the Bureau of Public Enterprise (BPE), Dr. Alex Okoh signed on behalf of the federal government and the Chief Executive Officer of the Siemens, Mr. Joe Kaeser signed for the firm.

The deal, our correspondent reports, was the product of a meeting President Buhari held with German Chancellor, Angela Merkel on August 31, 2018. Speaking after the signing, the president said the government’s goal was to deliver electricity to Nigerian businesses and homes. The president said: “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 said with the strong commitment to the development of Mambilla Hydroelectric and the various solar projects under development across the country, the long-term power generation capacity will ensure adequate energy mix and sustainability in the appropriate balance between urban and rural electrification. “Our intention is to ensure that our cooperation is structured under a Government-to-Government framework.

No middlemen will be involved, so that we can achieve value for money for Nigerians. We also insist that all products be manufactured to high quality German and European standards and competitively priced. “It is our hope that as the power situation improves, we will improve investor confidence, create jobs, reduce the cost of doing business and encourage more economic growth in Nigeria,” he said. The president said “Previous governments have explored state funded solutions through the ill-prepared National Independent Power Projects (NIPP). They also explored the installation of large emergency power projects. There was also the partial privatization of the power generation and distribution sectors.

“These various interventions to solving the electricity problem have yielded an imbalance between the amount of power generated and the amount available for consumers.” He said despite over 13,000 megawatts of power generation capacity, only an average of 4,000 megawatts reach consumers.

“Now, we have an excellent opportunity to address this challenge. This government’s priority was to stabilise the power generation and gas supply sector through the Payment Assurance Facility, which led to a peak power supply of 5,222 MW. Nonetheless, the constraints remained at the transmission and distribution systems.”

In an interview after the signing of the pact, the CEO of Siemens, said the partnership will enable the country enhance its power delivery capacity significantly. He said the power target will lead the country to the next industrial phase. Also speaking to newsmen, the Director General of BPE described Siemens as a credible partner. “If you look at the amount of losses that is being experienced in the entire power sector, they are huge.

“That is why we welcome this intervention and we believe that within the timelines that have been directed by Mr. President, we will be able to significantly improve power supply in the country,” he said.

Read more: https://www.dailytrust.com.ng/buhari-sets-11000mw-target-by-2023.html

Wao

and 10000mw will be generated to his house
that is the deal when he leaves office from a reliable source

Commendable.

Enough abeg....

While solutions to epileptic power is not rocket science...

7000Mw of power was sustained in 2018, having 11000Mw by 2023 won't be a bad idea. Na promise and fail we no go just like.

lol. They don't know what 11k means....... Fashola said it will take him 6 months to fix power but it's over four years..... is that not incompetence?

A responsible government will fix the power issues within six months, it's not rocket science.
-Fashola

Anything Buhari is a total waste of data reading it. I have never seen a dull and lazy president like Buhari in my entire life even idi Amin is far better that Buhari. Such incompetent and brainless human.

Which set goals has Nigeria ever achieved. Remind me in 2023.

In other clime it's very achievable but highly impossible here in Nigeria because of our reputations.

Let's just hope the record gets broken this time and the set targets are achieved.

But I'm afraid, what we'll get might just be 11,000 km instead of 11,000 MW

Nigeria matter dey tire person jare

This one is like taking coal to new China.
Since many of our electrical installations are either archaic or dilapidated, why can't the federal remove power distribution from exclusive list to concurrent list so that state government that has the capacity to generate electricity can go ahead and even sell the excess to other state?

Pamatips:
lol. They don't know what 11k means....... Fashola said it will take him 6 months to fix power but it's over four years..... is that not incompetence?

Please when did he say it? Are you a liar. Because I know Fashola never said it.

We will... We shall....
When you disobey court orders who will be alive to enjoy those imaginary facilities?

Impossible

Most useless country I’ve ever seen.


I live in a nation where the total power grid is over 1 gigawatts. It will never be well with Nigeria corrupt past and present leaders


I’ll keep on thanking my mom for making it possible for me and my siblings leaving that shithole


It will never be well with Nigeria for making a lot of potential youth jobless and risking their life for nothing, imagine a Nigeria with steady power supply!!!

me

The fact that some people who commented above believe this would work shows how gullible the Nigerian populace are. Politicians know that we would take any of their nonsense that's why they issue empty political rhetorics knowing that the brain dead fools will lap it up.

Story story? Story!

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And it shall be possible by God's grace. To those of you that will wish it doesn't happen, na una go dey dey inside dark or dey burn money ontop fuel for generators. For dem leaders, na our tax dem go use they service them electricity. So wish this country well.

So many distractions for African leaders and all these also contribute to our problems. See the car below. Come for it at a giveaway price. Tokunbo for a very unbelievable price. Click on my signature.

we all know it wont materialise

wrong headlines

Kudos PMB

Who is Nigerians Minister of power first as of today mr President.

Alainikanse

tayebest:
7000Mw of power was sustained in 2018, having 11000Mw by 2023 won't be a bad idea. Na promise and fail we no go just like.

stop reading headlines.....read the content.

he projected 25000MW

Only on paper

And later end up losing the available mW in the country grid..

Paper talk as usual:
1. How do you intend to achieve this feat?
2. What is out timeline and projection?

I am tired!