Nigeria will build a power equipment industrial park with Chinese firm TBEA to stop importing transformers, cables and other critical gear.
The commitment was secured by the Honourable Minister of Power, Joseph Tegbe, during a meeting with TBEA executives at the company’s Beijing headquarters. The visit is part of engagements with equipment manufacturers under the Presidential Power Initiative.
He said the park will allow Nigeria to manufacture and export power-sector equipment locally. The government says this will cut costs, create jobs and grow indigenous suppliers.
Tegbe described TBEA as a long-term strategic development partner rather than simply a contractor, and reaffirmed the Federal Government’s drive to attract investors who bring technology transfer and local capacity alongside capital.
In a statement, the Chinese firm also renewed its commitment to accelerate delivery of ongoing transmission and distribution projects across the country, including works expected to unlock more than 2,000MW of stranded capacity for consumers and strengthen bulk power supply to the Federal Capital Territory.
Tegbe emphasised the need for faster completion of Presidential Power Initiative works and urged an extension of planned grid infrastructure to the East-West corridor, underscoring government’s insistence that contracted and substantially developed projects be brought to completion so Nigerians can begin realizing their benefit.
The engagement also explored the feasibility of electric-vehicle charging infrastructure in Nigeria, opening a new front for investment as the country’s grid modernizes around renewable energy and storage technologies.
The outcomes from Beijing reflect a broader shift underway in Nigeria’s power sector: from a market that imports equipment to one that builds it, from stranded capacity to power that reaches homes and industries, and from short-term contracts to lasting partnership. .