Following the agreement that the Federal Government signed with Siemens on electricity, 10 morbid power transformers have started arriving in Nigeria.
Based on the pact, an order was placed for the purchase of the 10 morbid power transformers and 10 mobile substations.
Minister of Power Abubakar Aliyu broke the news at the 5th National Council on Power (NACOP) in Abuja.
He said: “Through the agreement with Siemens, orders had been made for the purchase of 10 morbid power transformers and 10 mobile substations.
“The 10 morbid power transformers to be situated across the country have started arriving.”
Aliyu said government-to-government collaboration between Nigeria and Germany resulted in a loan agreement which provided on concessionary terms through Siemens Company to rehabilitate the Nigeria Electricity Supply Industry (NESI) and the value chain in the industry.
The Minister noted the Federal government has also developed the National Renewable Energy and Energy Efficiency Policy with the accompanying Vision 30:30:30, which aims at achieving 30,000MW of electricity by the year 2030 with renewable energy contributing 30% of the energy mix.
By John Ofikhenua
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