FG sets aside $1.61bn for 24-hour power supply, Says TCN

SHARE

Managing Director, Transmission Company of Nigeria, TCN,
Alhaji Usman Gur, said the federal government in collaboration with
international donor agencies has set aside over $1.61 billion to ensure
constant power supply.

Gur, who is also the Chief Executive Officer of TCN,
revealed this yesterday in Kano while briefing newsmen at Kumbotso power
sub-station.

According to him, the project will be carried out under the
Transmission Rehabilitation Expansion Programme.

“We are rehabilitating and expanding to degree 20,000
megawatts by 2022 across the country,” he said.

He noted that the federal government has already earmarked N32
billion to compensate Nigerians whose lands, houses and farms would be affected
by the right-of-way to create power lines for the execution of the project.

“The total amount that we are going to pay for compensation
across the country is about N32 billion and the total project cost is $1.61
billion. The project will be supported by various international donors.

YOU MAY ALSO LIKE:  Controversy dogs police recruitment

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