National grid collapse: No plan to privatise Transmission Company

📆 10/13/2022 6:42 PM
📰 GuardianNigeria

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Minister of Power, Abubakar Aliyu, in Abuja yesterday, said the Federal Government will not sell the Transmission Company of Nigeria (TCN).

With a dark reputation for reoccurring grid collapse, TCN is a critical power sector segment linking the privatised generation companies with the partially privatised distribution companies.

But speaking on behalf of his principal, Special Adviser to Aliyu on Media, Isa Sanusi, said there is no plan to privatise TCN. He said TCN is central to the government’s efforts to rejuvenate the power sector, adding that the government is rather working with key stakeholders to evaluate, assess and upgrade TCN, to make it more efficient and transparent.

He said the organisation has also been carrying out sustained capacity building by training and retraining staff across all cadres for efficiency and service delivery.

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No plan to sell power transmission company – FG - Punch NewspapersThe most widely read newspaper in Nigeria Shuuu, if dem like sell the full country sef, E nor concern me after all we nor dey benefit anything as a citizen before. That means they were planning to sell it codedly but were caught! Give it 2 months and the sale will be officially announced.
Source: MobilePunch - 🏆 8. / 63 Read more »