BUSI­NESS FG di­rects TCN to com­mence elec­tric­ity dis­tri­bu­tion

Daily Trust - - NEWS - Si­mon Echewo­fun Sun­day with agency re­port

The federal govern­ment has di­rected the Trans­mis­sion Com­pany of Nigeria ( TCN) to take over all com­pleted trans­mis­sion lines and com­mence im­me­di­ate dis­tri­bu­tion of power.

Vice Pres­i­dent Na­madi Sambo gave the di­rec­tive dur­ing a meet­ing with the Board and Su­per­vis­ing Man­age­ment of the TCN and other of­fi­cials of the power de­liv­ery sec­tor at the State House, ac­cord­ing to a state­ment by his Se­nior Spe­cial Ad­viser on Me­dia and Pub­lic­ity Malam Umar Sani on Fri­day.

Sambo con­grat­u­lated Ibrahim Waziri, the new Chair­man of TCN, on his new as­sign­ment, and stressed the need to ad­dress the chal­lenges of power sup­ply in the coun­try, the state­ment added.

It quoted Sambo as say­ing that the govern­ment would con­tinue to ad­dress the is­sues of fi­nanc­ing the power sec­tor, de­vel­op­ment of gas in­fra­struc­ture and the pro­duc­tion of hy­dro-power plants to en­sure ad­e­quate power sup­ply.

“There are a lot of chal­lenges, par­tic­u­larly as govern­ment is keep­ing the TCN as a govern­ment-owned en­tity as a new strat­egy for bring­ing in Man­i­toba to man­age and trans­fer tech­nol­ogy to our lo­cal ex­perts.”

Ac­cord­ing to the state­ment, Sambo as­sured them of govern­ment’s con­tin­ued sup­port and part­ner­ship to­ward achiev­ing set goals. It said the Min­istry of Power was charged with com­ing up with so­lu­tions to prob­lems hin­der­ing smooth power de­liv­ery in the coun­try.

The state­ment added that the TCN chair­man had ear­lier lauded the ef­forts be­ing made to re­vamp the power sec­tor.

Waziri in­formed the Vi­cePres­i­dent that the TCN has about 125 key projects across the coun­try and is tar­get­ing at least 20,000 megawatts of elec­tric­ity.

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