FG Partners Germany, Siemens To Achieve 7,000 Megawatts Power Supply
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Nigerians are set to enjoy reliable power supply going by a roadmap the Federal Government signed on Monday with the German government and Siemens AG to boost power supply to 7,000 megawatts come 2021.
According to President Muhammadu Buhari, who met with the president of Siemens AG, Joe Kaeser, the partnership will improve power supply to 7,000 megawatts by 2021 and 11,000 megawatts by 2023”.
Currently, Nigeria produces about 10,000 megawatts; however, only about 4,000 megawatts get across to customers.
President Buhari said, “Our intention is to ensure that our cooperation is structured under a government-to-government framework. No middlemen will be involved so that we can achieve value for money for Nigerians.”
He also hinted that although, the measure would not fully tackle the power issue facing the country but noted that it has the potential of addressing a significant amount of the electricity challenges Nigeria has faced for decades.