By leveraging cutting-edge technologies and establishing strategic alliances, PANA Infrastructure delivers sustainable solutions that contribute to Nigeria's economic growth across diverse industry sectors.
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| Partnership Signing South Africa, Sabine Dall’Omo – CEO Siemens & Daere Akobo – Chairman PANA Holdings (from left to right) |
Siemens and PANA Infrastructure announced a strategic partnership aimed at addressing Nigeria's electrical infrastructure challenges. This collaborative initiative seeks to enhance power stability and generate employment opportunities within the country. By leveraging our combined expertise, we endeavor to contribute to the advancement of Nigeria's power sector.
Siemens, a prominent global technology corporation, and PANA Infrastructure, a renowned Nigerian conglomerate with an expanding presence across Sub-Saharan Africa, are pleased to announce a strategic partnership. This collaboration aims to modernize and enhance Nigeria's electric power infrastructure by implementing grid automation and intelligent infrastructure solutions throughout the country. This formal agreement represents a significant milestone in addressing Nigeria's urgent electricity challenges while simultaneously promoting economic growth and technological progress in the region.
"This collaboration underscores our commitment to fostering sustainable development and advancing technology in Nigeria," stated Sabine Dall’Omo, CEO of Siemens Sub-Saharan Africa. "By synergizing Siemens' expertise in smart grid technologies with PANA Infrastructure’s profound market insights, we endeavor to ensure a reliable power supply and drive economic progress in the region.."
According to Mr. Daere Akobo, the esteemed Chairman of PANA Holdings, "this strategic collaboration with Siemens is a pivotal opportunity to transform Nigeria’s power sector. We are committed to addressing Nigeria’s critical power infrastructure with the use of advanced low voltage, medium voltage, and smart grid management technologies. This collaboration is in alignment with the transformation agenda in the power sector by the Nigerian government to significantly improve power supply in the country, in a manner that translates to economic progress for all Nigerians.”
The accord reached between Siemens and PANA Infrastructure aims to improve grid reliability and stability, thereby increasing electrification rates to satisfy Nigeria's rapidly expanding electricity demand.
Concurrently acknowledging Nigeria's potential for significant investments in industrial modernization, the partnership will focus on unlocking Nigeria's potential in the industrial power sector. This initiative aims to revolutionize Nigeria's industrial landscape by leveraging advanced technologies and solutions to enhance productivity, efficiency, and quality. Through local capacity development, enhancing employees' skills and capabilities, Siemens and PANA Infrastructure will pave the way for a new era of industrial excellence in Nigeria.
"Siemens reaffirms its commitment to Nigeria, with a focus on identifying and developing strategic business opportunities within the region. By leveraging a go-to-market strategy that includes knowledge platforms, collaborative business strategies, integrated sales and marketing teams, and global support, Siemens strives to bring significant business value to the Nigerian market," says Sabine Dall’Omo.
Meanwhile, PANA Infrastructure has positioned itself as a key player in understanding and envisioning the needs of industry stakeholders and local communities. By integrating innovative technologies and forming strategic partnerships, PANA Infrastructure provides sustainable solutions that support Nigeria’s growth across a range of industry sectors.
This strategic alliance between Siemens and PANA Infrastructure leverages their respective expertise and application knowledge to deliver high-quality solutions for Nigeria's industrial power sector. By addressing critical challenges such as electricity losses, rural electrification, capacity building, local production, technology transfer, and quality standards, this partnership aims to drive sustainable growth and development in Nigeria.
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