The plan of the addition of 3 GW power plant to the grid of Nigeria by 2020 has been concluded by Siemens Nigeria. Nigeria is one of fastest growing economies in Africa.
Mr Onyesche Tifase (CEO Siemens Nigeria) remarked that end-to-end electricity generation can help Nigeria to reach top-20 economies by the end of the coming decade. He claimed that 70 million people of Nigeria can rise above the poverty line by 2030. To materialize this dream, the nation takes radical steps to help the energy sector through more and more electricity generation, power transmission and proper distribution with the help of an efficient automation of electricity. He added that there is a need to upgrade the power generation capacity to ensure the provision of electricity across Nigeria.
Tifase maintains that the Azura Edo Independent Power Project (IPP) is a good step in the right direction. The gas turbine has the potential of generating 459 Mega Watt by the next year. He claimed that after the completion, 3 GigaWatt electricity will be produced to benefit 20% country’s power generation capacity. For a developing nation, it is going to be a huge success.
He further claimed that Nigeria has the potential of materializing 7% GDP growth and it can lead to a massive US$ 1.6 trillion, 4 times as compared to the current GDP, the nation to enter the list of top-20 by 2030. This increase reflects that the nation has the potential to lift 70 million people above the poverty line by the end of the next decade. But this dream can only be materialized by implanting the suggested plans of power generation, in the right direction and in an efficient way.
Nigeria’s current population is 182 million and 60% of this population currently has access to electricity. A huge portion of this available electricity is distributed through non-efficient methods. The transmission lines are not up to the mark which results in 8.6 GW loss which is astonishing because of the currently the country is producing 12.5 GW. There is a need for proper monitoring and efficient infrastructure.
Tifase carries on by saying that the new power generation plan will not only bring in new technology but will also decrease the sense of inequality among the population of the country. People will have more chances to progress. He added that recently, the plans have changed because earlier, the power supply was focused on the centralized sources but now decentralized sources will be used to distribute the electricity to more and more areas.
Tifase claims that new power generation plans for uninterrupted electricity supply will improve the situation in all the sectors and all walks of life including education, health and agriculture. He revealed that the Power Sector Recovery Program of the government will start to play a vital role in the reformation of the whole system. The losses will be decreased and the sector will earn more to invest more for the public. He further added that the success of PSRP requires sincere efforts from both governments as well as the production plants. There is a need for collaboration aiming at the improvement of the sector and getting the nation rid of power shortage.