$2.3bn Siemens power project was idle until Tinubu came on board – Minister - Daily Trust

$2.3bn Siemens power project was idle until Tinubu came on board – Minister - Daily Trust

The Minister of Power, Adebayo Adelabu, has stated that the $2.3bn Siemens project signed by the Buhari administration did not embark on any infrastructure development since the agreement was signed in 2019. The minister, during a meeting with a delegation of the World Bank in his office in Abuja, said not until the ascension of the current administration before the country got a mobile power station. “We entered into the Siemens contract in 201…

In times of great uncertainty due to US President Trump's customs policy, Siemens Energy presents a convincing interim balance sheet. The outlook is equally positive.

Power sector revenue surges by N700 billion in 2024, hits record 70% growth – Minister Adelabu

The Minister of Power, Mr. Adebayo Adelabu, has disclosed that the power sector generated an additional N700 billion in revenue in 2024.   The post Power sector revenue surges by N700 billion in 2024, hits record 70% growth – Minister Adelabu  appeared first on Nairametrics.

$2.3bn Siemens power project was idle until Tinubu came on boardMinister

The Minister of Power, Adebayo Adelabu, has stated that the $2.3bn Siemens project signed by the Buhari administration did not embark on any infrastructure development since the agreement was signed in 2019. The minister, during a meeting with a delegation of the World Bank in his office in Abuja, said not until the ascension of []

MADRID, 16 (EUROPA PRESS) Siemens Energy has achieved a net profit of 615 million euros in its second fiscal quarter, according to the preliminary results released this Wednesday. On its side, the turnover of the company reached 9,962 million euros, which represents an increase of the turnover of 20.7% year-on-year. [...] The income Siemens Energy earns 615 million euros in its second fiscal quarter, after billing 20.7% more appears first in For…