Siemens and PANA Infrastructure Partner to Revolutionize Nigeria’s Electrical Infrastructure

The collaboration intends to enhance power stability, boost electrification rates, and stimulate economic growth through advanced grid automation and smart infrastructure solutions.


Devdiscourse News Desk | Abuja | Updated: 03-07-2024 22:54 IST | Created: 03-07-2024 22:54 IST
Siemens and PANA Infrastructure Partner to Revolutionize Nigeria’s Electrical Infrastructure
The partnership between Siemens and PANA Infrastructure marks a significant commitment to addressing Nigeria's critical electricity challenges. Image Credit:
  • Country:
  • Nigeria

Siemens, a global leader in technology, and PANA Infrastructure, a prominent Nigerian conglomerate expanding across Sub-Saharan Africa, have announced a strategic partnership aimed at modernizing Nigeria’s electric power infrastructure. The collaboration intends to enhance power stability, boost electrification rates, and stimulate economic growth through advanced grid automation and smart infrastructure solutions.

Strategic Objectives:

The partnership between Siemens and PANA Infrastructure marks a significant commitment to addressing Nigeria's critical electricity challenges. It combines Siemens' expertise in smart grid technologies with PANA Infrastructure’s deep market insights to ensure reliable power supply across Nigeria. This initiative is aligned with Nigeria’s national agenda to enhance power sector transformation, thereby fostering economic progress and technological advancement in the region.

Commitment to Technology and Development:

Sabine Dall’Omo, CEO of Siemens Sub-Saharan Africa, emphasized the strategic importance of the collaboration, stating, "This partnership underscores our dedication to sustainable development and technological advancement in Nigeria. By leveraging Siemens' advanced low voltage, medium voltage, and smart grid management technologies, we aim to drive industrial modernization and enhance productivity in Nigeria."

Mr. Daere Akobo, Chairman of PANA Holdings, echoed this sentiment, highlighting the transformative potential of the collaboration in Nigeria’s power sector. "We are committed to deploying advanced technologies to address Nigeria’s power infrastructure needs," he affirmed. "This collaboration aligns with Nigeria’s agenda to improve power supply and catalyze economic growth, benefitting all Nigerians."

Industrial and Economic Impact:

The partnership also aims to unlock Nigeria’s industrial potential by focusing on industrial power solutions. By integrating advanced technologies and enhancing local capacity development, Siemens and PANA Infrastructure seek to revolutionize Nigeria’s industrial landscape. This initiative will boost efficiency, productivity, and quality across industries, thereby contributing to sustainable economic development.

Commitment and Vision:

Sabine Dall’Omo reiterated Siemens' commitment to Nigeria, emphasizing their comprehensive approach to business development within the region. "Siemens is dedicated to identifying and nurturing strategic business opportunities in Nigeria," she affirmed. "Through collaborative strategies and global support, we aim to deliver significant business value and support Nigeria’s growth trajectory."

Meanwhile, PANA Infrastructure continues to play a pivotal role in understanding local industry needs and fostering sustainable solutions. By integrating innovative technologies and forging strategic partnerships, PANA Infrastructure remains committed to driving growth and development across various sectors in Nigeria.

 

The strategic collaboration between Siemens and PANA Infrastructure signifies a convergence of expertise and application know-how aimed at implementing high-quality solutions for Nigeria’s industrial power sector. By addressing key challenges such as electricity losses, rural electrification, capacity building, technology transfer, and quality standards, this partnership aims to drive sustainable growth and development, positioning Nigeria at the forefront of technological advancement and economic prosperity.

 
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