Financial Energy Review
Siemens Energy, an energy company that provides energy solutions, is celebrating the anniversary of its 50th year of conducting business in Nigeria.
The company said it entered the Nigerian market in 1970.
In a statement signed by Robin Zimmermann, head of communications, Siemens Gas and Power GmbH & Co. KG, the company said it continues to develop innovative electrification, automation and digitalisation products for the growth of Nigeria.
Christian Bruch, president and global CEO, Siemens Energy, said: “Siemens Energy is proud to have reached this landmark anniversary with Siemens Nigeria”.
“Our success has been, and continues to be, driven by the commitment of our employees, our partners and our customers.
“As we chart our path over the next 50 years and beyond, we reaffirm our commitment to support Nigeria in achieving its potential.
“As an example of this commitment, we are currently working on the presidential power initiative (PPI), which will provide the people of Nigeria with reliable, affordable and more sustainable energy.”
Onyeche Tifase, Siemens Energy Nigeria managing director, said the company’s objective is to ensure that Nigeria maintains a leading position in Africa.
“50 years down the line, this goal remains our top priority as demonstrated through our suite of offerings which have been well adapted for the modernization, construction, and financing of Nigeria’s critical infrastructure,” she said.
“Leveraging our history of ingenuity and a passion for engineering, we adopted our approach to the Nigerian market, working with various stakeholders to improve the lives of Nigerians today and in the future.
“As evidenced by our widely acclaimed track record in Nigeria, we have stood for innovation, growth and development.”
Siemens Energy said it has been involved in several projects in Nigeria, collaborating with local organizations to develop, operate, maintain and service high-tech equipment and solutions across power, oil & gas, construction, manufacturing sectors.
It said the PPI, in partnership with the federal government, is aimed at upgrading the electricity grid network and increasing operational capacity from 4,500 megawatts to 25,000 megawatts through a series of projects spanning three phases.
