Transformers, Substations for $2.3bn Siemens Power Project Arrive Nigeria Electricity transformers and substations meant for the $2.3bn Siemens power project have arrived in the country as the project gains traction, Minister of Power, Adebayo Adelabu, said on Sunday. The development came a few months after the...

  Siemens’ll Upgrade 105 Substations In Power Deal – FG   The power deal between Nigeria and Siemens AG, a renowned German firm, will lead to the upgrading of 105 power substations across the country, the Federal Government has said. Minister of Power, Sale Mamman, who said this...

FEC Okays N8.6bn To Begin Siemens Power Project     The Federal Executive Council (FEC) has endorsed the President’s approval to release €15.21 million (N6.94 billion) offshore and N1.71bn onshore, totaling N8.65bn as counterpart funding to kickoff phase 1 of the Siemens Presidential Power Initiative. The Minister of...