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    FG Overhauling National Grid to Improve Power Supply –Official

    Julius AlagbeBy Julius AlagbeOctober 29, 2024Updated:October 29, 2024No Comments2 Mins Read
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    FG Overhauling National Grid to Improve Power Supply –Official
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    FG Overhauling National Grid to Improve Power Supply –Official

    The Federal Government (FG) says it is overhauling the national grid to reduce the frequent disturbances and improve power supply across the country. The Minister of Power, Mr Adebayo Adelabu said this in Abuja on Tuesday at a media briefing.

    Adelabu said that the national grid was over 50 years old with components that were weak, obsolete, and dilapidated, which included the lines and substations with old transformers. He said that most of the towers installed a long time ago were falling due to effect of weather and climate changes, adding that they need continuous maintenance.

    “This grid requires a lot of money to maintain in order to ensure adequate and regular maintenance.

    “So, what we have now, we will continue to manage it and prevent frequent disturbances until we are able to overhaul this infrastructure 100 percent, ‘’ he said. Adelabu said that the Federal Government was not quiet about revamping the entire grid structure as various programmes were being put in place to ensure that old infrastructure was replaced.

    He listed the programmes to include Presidential Power Initiative (PPI) known as the Siemens project which is currently ongoing, the Transmission Company of Nigeria (TCN)’s expansion programme supported by the World Bank and African Development Bank (AfDB) .

    According to him, the pilot phase of the Siemens project has just been concluded and this involved importation of 10 power transformers and 10 power mobile sub-stations.

    He said that phase one of the Siemens project would soon commence, after which the grid performance would be better than what was being experienced presently. The minister said that the improvement witnessed in the power sector was not accidental, adding that many old power transformers were replaced by new ones.

    “ We have also installed and commissioned all the mobile sub-stations where they are needed and that is what contributed to stability being witnessed.

    “So, what we have now, we will continue to manage it and prevent frequent disturbances until we are able to overhaul these infrastructure a 100 per cent, ‘’ he said.

    The minister also appealed to Nigerians to protect power infrastructure, adding that it cost a lot of money. He said that vandalism of the infrastructure was causing hardship on Nigerians. #FG Overhauling National Grid to Improve Power Supply –Official ECOWAS, ECOBANK Unveil Empowerment Programme for Women Traders

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    Julius Alagbe
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    Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.

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