Electricity: Buhari approves world-class transformer production plant in Nigeria
President Muhammadu Buhari has approved the establishment of a world-class transformer production plant in Nigeria in collaboration with China Great Wall Industry Corporation (CGWIC) of China .
The Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Professor Mohammad Sani Haruna, disclosed this to State House correspondents after a meeting with President Buhari at the Presidential Villa.
According to him, the president had directed that the project be fast-tracked to accelerate stable power supply in the country.
He said the project for the establishment of transformer manufacturing plant in the country was delayed by the COVID-19 pandemic in China.
According to him, the president is anxious to see the output of this product, its impact on the availability of power, because power supply will never be stable until the country produce some components locally, including transformer.
He said the plant when established would produce between 6.5 and 10 megawatts transformers of all sizes and different capacity to meet local demands and Nigerian standards.
On revenue generation, the executive vice chairman said Nigeria had received requests from Uganda, Cameroon, and Cote D’Ivoire for the supply of school laboratory equipment.
He added that payments go directly to consolidated revenue account.
He said: “And the next question about 2023 NASENI be fast-tracked to accelerate stable power supply in the country budget and IGR. The funding of NASENI came from February 2022. And that is when our impact has started to be felt even though they are uncertainties.
“Yes, we are generating revenue. Our Solar manufacturing plant is a limited liability company of government, is revenue for the government, other activities like the production of the laboratory equipment for secondary schools and tertiary institutions.
“Just yesterday, we received orders from Uganda, they want supply of this laboratory equipment from us. That is a revenue source for the government.
“Cameroon and Cote d’Ivoire also are patronizing these products, They are a revenue sources for the government. Payment for this goes directly into the consolidated revenue account.”
On collaboration with state governors, NASENI boss said the agency worked with state governments as he briefed them at National Executive Council (NEC) meeting on their activities.
Follow the Neptune Prime channel on WhatsApp: https://whatsapp.com/channel/0029Va74ZvU2v1IqKByXoX3d
Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com
