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NASS vows to appropriate fund for completion of ongoing TCN projects
In view of the fact that the key factor frustrating evacuation of generated power from plants and dams had remained near moribund transmission infrastructure, the House of Representatives Committee on privatisation on Monday in Enugu, assured appropriation of adequate budgetary provision to complete all on-going Transmission Company of Nigeria (TCN) power projects in parts of the country this year.
Chairman of the committee, Hon. Ahmed Yerima, made the passionate pledge when he led members of the Committee to an over-sight function and interaction with management of Enugu Electricity Distribution Company (EEDC) in Enugu.
According to him, the on-going TCN power projects were critical to the social and economic growth of the country.
He said “We are looking for a way to meet all the TCN budgetary needs for the completion of their numerous on-going projects at various degrees of completion to ensure stable power supply in the country”.
“These projects are critical to the economic and social growth of the country. When completed and put to use, it will translate to more jobs, employments, profits, more money, security and general well-being of our people in the country,” Yerima said.
While noting that the committee would consider an all-encompassing legislature that would checkmate energy theft in the country, he averred that “It is basically a moral issue for people not to do the right thing like paying for electricity they had consumed”.
“We have decided to look at the issue of energy theft from a broader view. We will see what we can do on it.
Yerima said the committee had fruitful deliberations with the management of EEDC, especially on issues hindering the progress of the company and service delivery to the people, disclosing that “It was a fruitful session with the EEDC management, as we came purposefully to see, hear, interact and find a common ground to improve power supply for the good of Nigerians”.
“It is a known fact that the power sector is the key driver of the economy as well as other socio-political necessities meant to better the lives of Nigerians,” he added.