In a bid to further upgrade electricity infrastructure and improve power supply across the country, the Federal Goverment has approved N6.15 billion ($8.29 million and N3 billion).
The Federal Executive Council (FEC) gave the approval at its Wednesday meeting presided over by President Muhammadu Buhari.
According to the Minister of Power, Mr Mamman Saleh, the funds would also be used for the execution of various electricity projects in the country.
Briefing State House correspondents after the virtual meeting at the Presidential Villa, Abuja, said the projects are procurement of equipment, designs and manufacture of some spare parts..
Persecondnews reports that the 44th virtual meeting of the Council which held at the First Lady Conference Room was attended by Vice-President Yemi Osinbajo, the Secretary to the Government of the Federation, Mr Boss Mustapha and Chief of Staff to the President, Prof. Ibrahim Gambari..
Other attendees were the following ministers: Information and Culture, Lai Mohammed; Finance, Zainab Ahmed and Justice, Abubakar Malami, Industry, trade and investment, Adeniyi Adebayo and Power, Mamman Saleh.
The Head of Service of the Federation, Dr. Folasade Yemi-Esan and other ministers participated virtually from their various offices.
“The Federal Executive Council today approved six memos under the Ministry of Power. The first one is the award of a contract for design, manufacturing and supply 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 second one is the award of the contract for the procurement of 50 sets of 400 AH battery banks, 30 to 50 volts and 30 number of 110 volt battery charges for the substation used by the TCN in favour of Messrs. DTS Transformers Electric Industry Limited at the sum of N644,805,953.10.
“The third award of contract is for the procurement of 50 cent also 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 within the delivery period of six months.
“The fourth one is the award the contract for the design, manufacturing and the supply of three 60/66 MVA 132kV power transformers with accessories and 15 number of 500 kV transformers, 33/0.415kV earthing transformers for the TCN in favour of Messrs. Zhenjiang Transformers Company Limited, in the sum of N1,296,953,044.55 with delivery period of 12 months.
“The fifth one is the award of the contract for the design, supply and installation of Optical Wire (OPGW) and Universal Optical Transportation Network System (OTN) for some critical transmission lines in favour of Messrs. Xinjiang Power and Transportation Company Limited in the sum of $6,800,743.51, plus N668,843,634.74, with a delivery period of 12 months.
“The last one is the upward review of the contraction for the design, manufacture, supply, 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 sum of $648,038.31, plus N48,342,524.18, with the delivery period of six months,” Saleh said
He explained that the procurements were geared towards upgrades of the transmission system to the national grid to boost power supply.