FIC Report (Ogun State) – The Federal Government has reaffirmed that the New Abeokuta 330/132 kV Transmission Substation at Toolu, Obafemi Owode Local Government Area of Ogun State, is progressing on schedule and will be delivered and commissioned by December 2026.
The assurance follows the recent inspection of the project site by the management team of FGN Power Company Limited, led by Managing Director/CEO Mr. Kenny Anuwe, accompanied by Chief Technical Officer Mr. Ebenezer Fapohunda and Chief Financial Officer Hon. Kola Olabiyi.
The Abeokuta substation is a flagship project under Phase 1, Batch 1 of the Presidential Power Initiative (PPI), a partnership between the Federal Government of Nigeria and Siemens Energy of Germany to modernize and expand Nigeria’s power transmission capacity. The project covers the engineering, procurement, and construction of five key substations nationwide — Abeokuta, Ayede-Ibadan, Offa, Onitsha, and Sokoto — with a combined capacity of 986MW. The New Abeokuta Substation alone will inject 480MW into the national grid and upgrade transmission voltage from 132kV to 330kV.
Speaking after the inspection, Mr. Anuwe stated that the project was “progressing according to standard and remains on course for completion before the end of 2026”. He disclosed that civil works will be completed between June and July 2026, after which electrical installations will commence ahead of commissioning in December. Project Director, Siemens Energy, Mr. Elie Akiki, also confirmed that “work at the Abeokuta site was progressing as planned,” expressing confidence that the substation would be delivered and commissioned within the agreed timeline.
The Federal Executive Council had in December 2024 approved the Engineering, Procurement, and Construction contract for Phase 1, Batch 1 of the PPI, with civil works mobilisation and concurrent equipment manufacturing now finalised across all five locations. Upon completion, the new facility will complement existing infrastructure and significantly improve electricity supply to Abeokuta and surrounding communities, while stimulating socio-economic growth across Ogun State and the South-West region. It will provide more bulk power for Ibadan Electricity Distribution Company to serve homes, businesses, and industries.
Mr. Anuwe emphasized: “Electricity is the lifeblood of our economy, and the mandate from Mr. President is clear — ensure this project is delivered within 2026 so Nigerians can begin to feel the impact of ongoing reforms in the power sector”. The PPI has already delivered results under its Pilot Phase, with Siemens Energy successfully delivering and commissioning 10 units of 132/33kV mobile substations and 10 power transformers nationwide, adding 984MW of transmission capacity to the grid.
President Tinubu, who signed the accelerated PPI agreement with German Chancellor Olaf Scholz at COP28 in Dubai in December 2023, has consistently prioritized power sector reform under the Renewed Hope Agenda. The Abeokuta substation represents a tangible deliverable in the administration’s commitment to achieving stable, reliable, and expanded electricity supply for all Nigerians. With civil works set for completion by July 2026, the project will move into the electrical installation and testing phase from August to November 2026, ahead of final commissioning in December 2026.
The Federal Government commends Siemens Energy, FGN Power Company, and all stakeholders for maintaining momentum and urges contractors to sustain progress to meet delivery timelines. Two of the five substations under Batch 1 are targeted for completion by the end of 2026.
Pedro Khadijah Kemi
PIO
FIC, Abeokuta.
22 April 2026
