Connect with us

Nigeria

Nigerians to enjoy 11,000MW of electricity by 2023 – Lai Mohammed

Valentine Chinyem

Published

on

The Minister of Information & Culture, Lai Mohammed, has said Nigerians will enjoy 11,000 megawatts (MW) of electricity by 2023.

Lai Mohammed said this while speaking at a press conference in Abuja on Friday, he said the power deal would be possible through Nigeria’s partnership with Siemens AG.

Recall that in 2019, President Muhammadu Buhari agreed on a power project deal with Siemens AG, that will see the Germany-based firm, deliver 7,000 megawatts (MW) of electricity to the national grid by 2021.

“Following an agreement with German company Siemens in July 2019 to boost power supply in Nigeria, the stage is set for the perennial power problem to become a thing of the past,” the minister said.

“Under the three-phase agreement, Nigerians will enjoy 7,000 megawatts of reliable power supply by the end of 2021 (phase 1), 11,000 megawatts by the end of 2023 (phase 2) and 25,000 megawatts in the third phase.

“To put things in perspective, Nigeria’s current power generation capacity is more than 13,000 megawatts, but only an average of 3,400 megawatts reliably reach consumers. In essence, the current amount of power that reaches consumers will more than double by the end of next year.

“In addition, this will create thousands of jobs and will leapfrog the country into the next level of industrial and social development.”