The Minister of Information and Culture Lai Muhammed has announced to Nigerians that they should expect 11,000 megawatts of electricity 2023 just after the Nigerian government reached an agreement with German firm Siemens.
Read what the minister said;
“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.
“Under the three-phase agreement, Nigerians will enjoy 7,000 megawatts of reliable power supply the end of 2021 (phase 1), 11,000 megawatts 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 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.”