Nigeria approves $8.5 M for grid projects
New transformers and compensation for power line routes aim to improve electricity supply and stability nationwide.
Image for illustrative purposes
Nigeria, Abuja: The Federal Executive Council has approved two major power sector projects worth millions of dollars to strengthen Nigeria’s national electricity grid and improve supply.
Power Minister Adebayo Adelabu said the first project will release $8.5 M (N13 B) as compensation to property owners and communities affected by new power line routes under the Lagos Industrial Transmission Project. The scheme is funded through a $238 M loan from the Japan International Cooperation Agency and is designed to deliver stable power to major industrial areas in Lagos.
The second approval covers the purchase and installation of high-capacity power transformers worth $34 M, plus $3.4 M (N5.2 B) for related costs. These will replace outdated and overloaded units across the country.
The order includes:
- Two 150 MVA 330 / 132 kV transformers
- Three 100 MVA 132 / 33 kV transformers
- Five 60 MVA 132 / 33 kV transformers
- Two 30 MVA 132 / 33 kV transformers
Adelabu said the transformers will be placed in key locations to reduce overloading, improve voltage stability, and expand transmission capacity.
He noted that much of Nigeria’s grid infrastructure is over 50 years old, with many components worn out. Regular maintenance and timely replacement, he said, are essential to ensure a reliable supply for homes, businesses, and industries.
The projects are part of wider efforts to fix transmission bottlenecks, reduce system failures, and support economic growth through better access to electricity.
Source: Vanguard
