FEC approves ₦13bn, $34m for power infrastructure

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The Federal Executive Council (FEC) has endorsed four major proposals from the Ministry of Power, targeting a comprehensive upgrade of the national electricity transmission network.

Minister of Power, Adebayo Adelabu, disclosed after Wednesday’s FEC meeting at the State House, Abuja, that the approvals aim to overhaul ageing transmission lines, enhance reliability, and meet growing electricity needs nationwide.

READ ALSO: ADC slams Tinubu over electricity failures, rising tariffs

One of the approvals grants ₦13 billion in compensation for right-of-way acquisitions under the Lagos Industrial Transmission Project, funded via a $238 million loan from the Japan International Cooperation Agency (JICA).

“This funding covers compensation to property owners and communities affected by the transmission lines’ route. Once completed, the Lagos Industrial Transmission Project will ensure that our industrial estates have the dedicated, stable power they need to drive economic growth and create jobs,” Adelabu explained.

The remaining approvals involve the acquisition and installation of high-capacity transformers worth $34 million, with an additional ₦5.2 billion for related expenses.

The breakdown includes: Two units of 150MVA 330/132kV transformers.

Three units of 100MVA 132/33kV transformersFive units of 60MVA 132/33kV transformers

Two units of 30MVA 132/33kV transformers

“These transformers will be deployed strategically across the grid to relieve overloaded facilities, improve voltage stability, and accommodate the increased transmission capacity we are building,” he added.

Adelabu stressed that much of the national grid infrastructure has been in service for over 50 years, far beyond its intended lifespan, making replacement critical to achieving stable and reliable power supply.

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