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$1.61bn set aside for 24 hour power supply—TCN

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The Managing Director, Transmission Company of Nigeria, Alhaji Usman Gur says the Federal Government in collaboration with worldwide donor companies has put aside over 1.61 billion {dollars} to make sure fixed energy provide within the nation.

Gur, who can be the Chief Executive Officer of the TCN revealed this on Sunday in Kano State whereas briefing newsmen on the Kumbotso energy sub-station.

According to him, the challenge will probably be carried out underneath the Transmission Rehabilitation Expansion Programme.

“We are rehabilitating and expanding to degree 20, 000 Mega Watts by 2022 across the country,” he stated.

He famous that the federal authorities has already earmarked about N32 billion to compensate Nigerians whose lands, homes and farms might be affected by the Righ-Of-Way to create Power Lines for the execution of the challenge.

“The whole quantity that we’re going to pay for compensation throughout the nation is about N32 billion. And the whole challenge value is 1.61 billion {dollars}. The challenge will probably be supported by numerous worldwide donors.

“The compensation for right-of-way from Kumbotso sub-station to Rimi Zagara will cost about N3 billion. We have not completely validated it. The total cost for compensation across the country being provided by the Federal Government, ” he stated.

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