Is Discos deceiving critics with sudden N935bn five-year investment plans?
There are strong speculations that the recent indication that electricity distribution companies (Discos) are set to invest N935bn in their networks stemmed from unprecedented complains and outcries of both the Transmission Company of Nigeria (TCN) and even generation firms. However,…
Findings reveal why latest estimated electricity bills by Discos are crazier
Fresh facts have emerged on electricity consumers who are still on estimated billing regime will continue to experience monthly rise in bills sent to them by Discos. This is as the indebtedness of Discos to the Transmission Company of Nigeria…
Without Discos investing in infrastructure, steady electricity’ll be elusive—TCN
The only guarantee to end incessant collapse of electricity distribution networks across the nation as a result of the rainfall and obsolete infrastructure being experienced nationwide remains massive investment in infrastructure by distribution companies (Discos). This is, and has been…
Is it that FG’s hands are so tied in sanctioning Discos for not investing much?
From all indications, the key challenge frustrating the nation’s electricity sector remains the electricity Distribution Companies (Discos) as both Gencos and the Transmission Company of Nigeria (TCN) had done the needful in raising their game through investments and expansion. The…
‘Lack of commensurate investments by Discos frustrating FG’s grid expansion drive’
The Federal Government has observed that the observed lack of commensurate investment in distribution network by electricity distribution companies (Discos), remains a stumbling block in the expected results from the massive expansion of power transmission grid. Before now, government had…
TCN raises N540bn to stabilise national grid, clears 655 abandoned containers in ports
Indications have emerged that Nigeria will soon begin to see stability in power considering the efforts made by the Transmission Company of Nigeria (TCN) to clear 655 power equipment containers that were stranded at various seaports in the country for…
TCN explains foreign donor option, reveals why power contracts fail in the past
The Interim Managing Director/Chief Executive Officer of the Transmission Company of Nigeria (TCN), Usman Mohammed has given a graphic detail on why access to multinational funding is easier in financing power schemes in Nigeria. In an interview, he said because…
Manitoba left TCN worse than it met it—- Usman Mohammed
The Interim Managing Director of Transmission Company of Nigeria (TCN), Usman Mohammed, has disclosed that Manitoba Hydro International, the Canadian firm that was awarded the management contract for the CTN for four years, left the transmission company worse than it…
