President Bola Tinubu has said that his government is taking Nigeria’s power sector reforms seriously. He recently revealed that the reforms are key because enhanced electricity supply directly affects the daily lives, jobs, education, and health of millions of Nigerians.
Speaking while receiving a delegation from Siemens Energy, led by Dietmar Siersdorfer, Managing Director for the Middle East and Africa, at the State House, Abuja, Tinubu said that a stable power supply remains key to improving livelihoods and building a stronger economy.
According to him, development is impossible without a stable power sector, and the fact remains that power is humanity’s greatest discovery in several centuries.
“There is no industrial growth or economic development without power. I believe that power is the most significant discovery of humanity in the last 1,000 years,” he said.
Tinubu further noted that his administration’s dedication to completing the Presidential Power Initiative (PPI) with Siemens Energy aligns with his government’s goal of boosting living conditions through reliable power.
He concluded by saying that the phased completion of the PPI will give Nigeria a place of pride in Africa and harness the nation’s human and material potential.
“Our education, our health care and our transportation all depend on energy and without power, it is an impossible objective. We are taking it very seriously.
I appreciate the partnership on the initiative. The progress of the project to date is notable, and we can feel it. But it is not where we want it to be. We appreciate the support and commitment of the German government and Siemens. The investment you are making and your commitment align with the future of this country.
We are all inspired and happy. This is what we want to achieve on the continent. We want everyone to see the glory of our economic recovery and banishment of poverty,” he added.
