By our reporter 10.11.2025
President Bola Tinubu has assured Nigerians of improved power supply and enhance livelihoods of Nigerians.
Tinubu made the declaration during a meeting with a delegation from Siemens Energy, led by its Managing Director of Middle East and Africa, Dietmar Siersdorfer, at the Presidential Villa in Abuja.
The President noted that the power sector remains central to stimulating the economy, particularly in the industrial, educational, and healthcare sectors.
The meeting had Vice President Kashim Shettima, the Coordinating Minister of the Economy, Wale Edun, the Minister of Power, Adebayo Adelabu, and the Special Adviser on Energy, Olu Verheijen.
“There is no industrial growth or economic development without power. I believe that power is the most significant discovery of humanity in the last 1,000 years.
“I appreciate the partnership on the initiative. The progress of the project to date is notable, and we can feel it. But it is not where we want it to be.
“We appreciate the support and commitment of the German government and Siemens. The investment you are making and your commitment align with the future of this country.
“Our education, our health care and our transportation all depend on energy and without power, it is an impossible objective. We are taking it very seriously,” he added.
The President also directed the expansion of some major transformer substations from two to three phases to boost the country’s power supply.
“We are all inspired and happy. This is what we want to achieve on the continent. We want everyone to see the glory of our economic recovery and banishment of poverty,” he said.
The President assured the delegation that the government will continue to provide the needed resources for the power project.
Adelabu stated that the power sector had achieved many critical milestones, including the decentralisation and liberalisation of the sector.
He noted that the President signed the Electricity Act 2023, and a National Integrated Electricity Policy was developed after 24 years, attracting more than $2 2billiopn of fresh investments.
The minister noted that the policy had resulted in the activation of fifteen state electricity markets.
“Since the signing of the Accelerated Agreement at COP28 in Dubai in December 2023, an event you personally attended alongside the German Chancellor Olaf Scholz, the PPI has recorded notable milestones across its implementation phases.
“”Under the Pilot phase (Phase Zero), we have achieved significant infrastructure upgrades and capacity enhancements that are already impacting grid stability and reliability across the country.
“”Siemens Energy has successfully delivered and commissioned 10 units of 132/33kV mobile substations, three units of 75/100MVA transformers, and seven units of 60/66MVA transformers across key load centres nationwide, which have added 984mv of transmission capacity to the grid,” the minister stated.