The FGN Power Company Story
The Presidential Power Initiative (PPI) was conceived during a meeting between the President of the Federal Republic of Nigeria, Muhammadu Buhari and German Chancellor, Angela Merkel on August 31, 2018.
Subsequently, President Buhari established the Federal Government of Nigeria Power Company (FGN Power Company) as a Special Purpose Vehicle (SPV) to deliver the Presidential Power Initiative (PPI) in partnership with Siemens. The Presidential Power Initiative (PPI) aims to enable the Nigeria Electricity Supply Industry (NESI) to achieve commercial autonomy by facilitating investments in critical infrastructure to support power delivery and service to Nigerians.
CEO speaks on Boosting Electricity Supply in Nigeria.
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of distribution lines
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new connections to improved electricity
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Nigerians will have access to improved electricity
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local engineers will be
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Overview of Presidential
Power Initiative
The Presidential Power Initiative (PPI) seeks to modernize, rehabilitate and expand the national grid by investing in the Nigerian power sector's electricity value chain (distribution, transmission, and generation systems) of the Nigerian power sector.
The PPI will deliver the much-needed electricity supply and spur economic growth across the country with FGN Power Company managing and supervising the project to ensure accountability, coordination and best practice implementation of the initiative.
PPI Project Book
An overview of the FGN Power Company’s unique approach to transforming the Nigerian Power Sector through Collaboration, Financing and Due Diligence.
Mission & Vision
The Presidential Power Initiative (PPI) has four guiding principles by which it operates, which are Transparency, Integrity, Sustainability, and Efficiency.
Leadership
The Board of Directors and Management of FGN Power Company play a critical role within the PPI to ensure that the project achieves its objectives.
Governance
FGN Power Company has five layers of oversight and execution: the Steering Committee, the Board of Directors, the Executive Management, and the Staff.
Niger Delta Power Holding (NDPHC) Building
1490, Samuel Ademulegun Avenue,
Central Business District, Abuja, Nigeria
Central Business District, Abuja, Nigeria