Fg set to deliver 90 new transmission projects

FG Set to Deliver 90 New Transmission Projects

The Federal Government of Nigeria has announced plans to deliver 90 new transmission projects across the country. This move is aimed at improving the country's power transmission infrastructure and increasing electricity supply to households and industries.

According to reports, the projects are expected to be completed within the next three years, with a total investment of over N1 trillion (approximately $2.7 billion). The projects will involve the construction of new transmission lines, substations, and other infrastructure to enhance the reliability and efficiency of the power grid.

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, made the announcement during a meeting with stakeholders in the power sector. He emphasized the importance of improving the transmission infrastructure to ensure a stable and reliable supply of electricity to the country.

The 90 new transmission projects are expected to increase the country's power transmission capacity by over 10,000 megawatts, which will help to reduce the current power deficit and improve the overall efficiency of the power sector.

The projects will also create thousands of jobs and stimulate economic growth, as the improved power supply will enable industries to operate at optimal levels and households to enjoy a better quality of life.

The Federal Government has been working to improve the power sector in Nigeria, and this announcement is seen as a major step towards achieving this goal. The government has also been working to increase the country's power generation capacity, with plans to add over 13,000 megawatts of new power generation capacity in the next few years.

Overall, the delivery of these 90 new transmission projects is expected to have a significant impact on the power sector in Nigeria, and will help to drive economic growth and development in the country.