The Transmission Company of Nigeria (TCN) said it is injecting $1.57 billion into the power transmission infrastructure to raise the electricity grid to 20,000 megawatts (MW) from 2021.
The Managing Director of TCN, Mr Usman Gur Mohammed disclosed this yesterday when he received the Editor-In-Chief/CEO of Media Trust Limited, publisher of Daily Trust newspaper and other titles, Malam Mannir Dan-Ali in Abuja yesterday.
Mohammed said the projects are contained in the Transmission Rehabilitation and Expansion Programme (TREP) of TCN which targets brownfield (expansion) and greenfield (new) power transmission projects meant move transmission from its current 7,000MW wheeling capacity.
Mohammed who lauded the management of Daily Trust said the paper has sustained its credibility and transparency which has made it the preferred newspaper for TCN.
Speaking on his drive for achieving the huge projects, Mohammed said, “The most important watchword here is transparency. We try to ensure that TCN remains transparent. Everyone that is here has been promoted through transparent means and that is why we have been able to cancel non performing contracts.”
He said the $1.57bn fund was sourced from multilateral donors to install multiple transformers and transmission lines in line with the global standard of N-1 that implies having double equipment in a power station to create redundancy in the case of a fault.
Earlier, Malam Mannir intimated the TCN management of the objective of the courtesy visit saying it was to appreciate TCN for its continuous support and patronage to the newspaper. He said the newspaper has raised a culture of transparency consequently earning the No. 1 newspaper award about two years ago.
“We have been paying our taxes to the government and at the last count, we have paid in excess of N1 billion to the Nigerian government,” Mannir added.
While presenting two proposals on Co-Created Content (CCC) to the TCN boss, the Editor-In-Chief said the newspaper provides space at subsidised rates where TCN can enlighten the public about the its numerous power improvement projects in Nigeria.
