Additionally, it said it was prepared to commence the distribution of four million free electricity prepaid meters at the next phase of the free metre program.
Minister of Power,” Mr. Mamman Saleh, told journalists at the end of the FEC meeting, presided over by President Muhammadu Buhari at the State House, Abuja, the jobs were to the Acquisition of equipment as well as designs and manufactures.
The fund also covers the updating of the country’s electricity facility and the advancement of electricity supply nationwide.
According to him, the Ministry of Power introduced six memoranda into the council, all of which were accepted.
The aggregate of all the figures, in both naira and dollar denominations, is a total of N6,156,168,822, once the dollar part is converted via the official exchange rate of N380 to $1.
The first one is the award of a contract for design, production and distribution of critical spare parts for Crompton Greaves 330 kV, 132 kV and 33 kV circuit breakers to Messrs. Legen Engineering Nigeria Limited in the sum of N298,339,887.04.
“The next one is that the award of the contract for the procurement of 50 sets of 400 AH battery banks, 30 to 50 volts and 30 variety of 110-volt battery prices for its substation utilized from the TCN in favour of Messrs. DTS Transformers Electric Industry Limited at the sum of N644,805,953.10.
“The third award of this contract will be for the procurement of 50 cents and of 132 kV isolators for the TCN in favour of Messrs. Leading Diagonal Engineering Nigeria Limited in the sum of $840,650 plus N53,900,000 inside the shipping period of six weeks.
“The fourth one is the award of the contract for the design, manufacturing and the distribution of three 60/66 MVA 132kV power transformers with attachments and 15 variety of 500 kV transformers, 33/0.415kV earthing transformers for your TCN in favour of Messrs. Zhenjiang Transformers Company Limited, in the amount of N1,296,953,044.55 with a delivery period of 12 months.
“The fifth one is that the award of the contract for the design, installation and supply of Optical Wire (OPGW) and Universal Optical Transportation Network System (OTN) for a few critical transmission lines in favour of Messrs. Xinjiang Power and Transportation Company Limited in the amount of 6,800,743.51, also N668,843,634.74, using a delivery period of 12 months.
“The last one is the upward review of the regeneration for its design, manufacture, distribution, installation and commissioning of 1X 100MVA, 132/33kV power transformers at Ogba Transmission Substation, Lagos, in favour of Messrs. Power Control and Appliances Limited, in the amount of $648,038.31, also N48,342,524.18, with the delivery interval of six months.
Read Also: Mambilla Power Project could transform Taraba’s economy, says Ishaku
“All these procurements are geared towards updates of the transmission system, to the national grid, so we can have enough power supply to the country”.
The Union added that the federal government will begin the next stage of the free supply of four million prepaid electricity meters into Nigerians.
According to him, the federal government is nearly through with the distribution of one million complimentary pre-free paid meters to Nigerians.
“We’ve almost completed with stage zero, we’re now going into phase one of the distribution of the yards, that is the remaining million that the central bank promised to augment with.
“The initial set is just one thousand, we’re about to complete with that, but you know, it is not the goal, one thousand is quite negligible compared to the demand of Nigerians,” he said.
Asked if there wasn’t any improvement in power generation, Saleh said:”We’re advancing, it (power generation) has enhanced, you can see, I don’t need to tell you.
“We are moving from 3,000 megawatts, today we are generating up to 5,000 megawatts or over that, so it is an excellent improvement.”
The minister said that the government was making sure the power supply was stable and also working towards updating the distribution”from say 4000 megawatts into 5,000 to 6,000 to 7,000 megawatts and so on.
“So, the more people replace some obsolete and obsolete equipment, the more we improve the supply of electricity.”
Asked if he agreed with the report that over 70 per cent of Nigerians who have electricity supply have less than 12 hours per day, he explained:”It all depends. You know we have graded the distribution dependent on the metering.
“Unless the yards are sufficient, we will not know which and where to push 24 hours provides because there are some people who are ready for 24 hours and you will find those who aren’t prepared for 24 hours supply of light.”
