Govt Ramps Up Work On Siemens Power Deal, Set to Reach 40 Million Nigerians With Reliable Electricity

The federal government yesterday said its electricity deal with Siemens was on course, stating that the first phase of the programme under the Presidential Power Initiative (PPI) would increase power supply to about 40 million Nigerians.

In addition, the contract which would see the eventual ramp up of the country’s generation capacity to 25,000 megawatts, the government stated, would create at least 11,000 direct and indirect jobs.

Speaking at the commencement of the PPI training on network development studies, by FGN Power Company, the firm overseeing the Siemens power project, in Abuja, the Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, said the unveiling of the training session was a milestone under the initiative.

Ahmed assured that the collaborative effort with the implementing partner, Siemens, on the PPI was on track to bring positive change to the power sector.