FG earmarks $1.61bn for 24-hr power supply – TCN


The Managing Director, Transmission Company of Nigeria, Alhaji Usman
Gur, has said the government in collaboration with international donor
agencies has set aside over $1.61bn to ensure constant power supply in
the country.
Gur, who is also the Chief Executive Officer of the TCN, revealed this
on Sunday in Kano State while briefing journalists at the Kumbotso
power sub-station.
He stated that the project will be carried out under the Transmission
Rehabilitation Expansion Programme.
He said, “We are rehabilitating and expanding to degree 20, 000 Mega
Watts by 2022 across the country.
“The total amount that we are going to pay for compensation across the
country is about N32bn.
“And the total project cost is $1.61bn. The project will be supported
by various international donors.”

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button