Nigeria Electricity Supply Industry 2020: The Story So Far
The year 2019 ended on a high for the Nigerian electricity industry, The Siemens power deal was signed. The first phase of the deal was approved in May 2020, but […]
The Siemens Nigeria Power Deal was introduced to rehabilitate and then expand Nigeria electricity supply by 25,000 by 2025. In May 2020, Federal Government approved the release of funding for the first part of Phase 1 of the PPI, to kick-off the pre-engineering and concession financing workstreams.
In this episode, Onyeche Tifase MD & CEO of Siemens Nigeria discusses the Siemens Nigeria Power Deal, how DisCos are represented and what the recent release of funding means for Nigerians.
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Sunday Oladele on August 7, 2020
Good day.
(1) Please, I still don’t know how our generation capacity will rise from the current less than 5,000MW to 25,000MW in 2025 without building power plants and very specific grid expansion programme.
(2) No good metering, no power business growth. Will Siemens meter houses or still have it in the hands of the DisCos?
Good luck, Nigeria.