The federal executive council (FEC) has approved N13 billion for right-of-way compensation under the Lagos-Ogun transmission project, alongside $34 million for the procurement and installation of high-capacity transformers to boost Nigeria’s national grid.
Minister of Power, Adebayo Adelabu, announced the approvals after the council’s meeting chaired by Tinubu in Abuja on Wednesday. He said the Lagos-Ogun project, valued at $238 million and financed by the Japan International Cooperation Agency (JICA), is designed to strengthen power supply to major industrial clusters in Lagos that contribute significantly to the nation’s manufacturing output.
“The N13 billion will be used to compensate property owners and communities affected by the transmission line routes under the Lagos-Ogun Transmission Project,” Adelabu explained.
On the transformer upgrade, he said the $34 million, with an additional N5.2 billion, will fund the replacement of obsolete and overloaded units across the country. The upgrade includes two units of 150MVA 330/132kV transformers, three units of 100MVA 132/33kV transformers, five units of 60MVA 132/33kV transformers and two units of 30MVA 132/33kV transformers.
“These transformers will be strategically deployed to reduce overload on substations, improve voltage stability and support the new transmission capacity being developed,” the minister noted, adding that some national grid infrastructure has been in operation for over 50 years and requires urgent replacement.
Adelabu described the latest approvals as part of the federal government’s wider reforms aimed at eliminating transmission bottlenecks, reducing system collapses and ensuring steady electricity supply for homes, businesses and industries.
