The Buhari Media Organisation BMO has described the latest update on the ongoing Siemens power project as another indication that history will be kind to President Muhammadu Buhari.
The group said in a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke that it is heartwarming that the German company is fully committed to delivering and installing 10 power transformers and 10 mobile substations before May 2023.
If there is any doubt about the Presidential Power initiative PPI of the Buhari administration and the government-to-government agreement it sealed in 2019 with Germany on increasing Nigeria’s electricity power capacity, then the recent visit of the Chief Executive Officer CEO of Siemens Energy Dr. Christian Bruch, the CEO of Siemens Africa Nadia Haakansson, and the CEO of Siemens Nigeria Seun Suleiman to the President ought to lay those doubts to rest.
But what we find interesting enough to bring to the notice of our fellow Nigerians from that meeting is the German company’s assurance to fast track the delivery of the project which was slowed down by the ‘pandemic’.
So, from all indications the first phase of the 25,000-megawatt project which is to deliver a capacity improvement of 2,000 megawatts is to be completed before May next year with the installation of 10 transformers and 10 mobile substations across the country.
This will effectively move the nation’s capacity from about 4,000 to 7,000 megawatts in the first instance.
