New power MoU with Siemens stirs concerns, uncertainty
While the Nigerian power sector has remained a notable failure five years after it was privatised, a new deal between Nigeria and Siemens of Germany has raised fresh concerns and criticisms regarding the government’s readiness to address the numerous challenges bedeviling the sector. KINGSLEY JEREMIAH writes on the apparent fault lines in the Memorandum of Understanding.
Why Nigeria will miss 10,000MW transmission capacity by 2020
About six month into a 2020 target set by the Federal Government to boost power transmission wheeling capacity to 10,000 megawatts (MW), stakeholders in the nation’s electricity sector yesterday insisted the plan is only a mirage. The plan, which is part of a Transmission Master Plan, designed by the Transmission Company of Nigeria (TCN), had…