Nigeria has approved more than $46 million to replace ageing power transformers in a bid to strengthen its national grid and improve electricity reliability.

Minister of Power Adebayo Adelabu announced the decision after a Federal Executive Council (FEC) meeting chaired by President Bola Tinubu in Abuja.

The procurement plan includes 14 new high-capacity transformers, worth $34 million plus an additional $12 million (₦5.2 billion) in local currency costs. The units consist of:

• 2 Ã-- 150MVA 330/132/33kV

• 5 Ã-- 100MVA 132/33kV

• 5 Ã-- 60MVA 132/33kV

• 2 Ã-- 30MVA 132/33kV

Adelabu said much of Nigeria's transmission infrastructure is over 50 years old and prone to frequent failures under heavy demand. Replacing transformers is expected to ease pressure on overstretched sections of the grid, expand wheeling capacity, and reduce breakdowns.

"These upgrades are essential for achieving a stable, reliable and effective grid that can support homes, businesses, and industries," Adelabu stated.

Alongside the transformer replacement, the FEC approved $8.67 million for compensation related to the Lagos Industrial Transmission Project, funded by a $238 million loan from the Japan International Cooperation Agency (JICA). The initiative will improve supply to industrial corridors in Lagos and Ogun States.

Nigeria's power sector continues to face challenges, including low generation, high losses, and liquidity constraints. According to the World Bank, over 80 million Nigerians still lack reliable electricity access.

Source: esi-africa.com