Tinubu says progress on Siemens power project ‘not where we want it to be’

President Bola Tinubu says the progress of the Presidential Power Initiative (PPI), being executed by Siemens Energy, is commendable but still below expectations.

Speaking on Monday at the State House during a meeting with a Siemens Energy delegation led by Dietmar Siersdorfer, Managing Director for the Middle East and Africa, Tinubu acknowledged ongoing efforts under the project but urged faster implementation.

“I appreciate the partnership on this initiative. The progress of the project to date is notable, and we can feel it. But it is not where we want it to be,” the president said.

Tinubu reaffirmed his administration’s commitment to improving Nigeria’s electricity supply and boosting citizens’ livelihoods, stressing that reliable power is essential for economic transformation.

“There is no industrial growth or economic development without power. I believe that power is the most significant discovery of humanity in the last 1,000 years,” he said.

The president commended Siemens and the German government for their continued support, describing energy as the backbone of key sectors such as education, health care, and transportation.

“The investment you are making and your commitment align with the future of this country,” Tinubu said. “Our education, our health care, and our transportation all depend on energy, and without power, it is an impossible objective. We are taking it very seriously.”