TCN boss , Mohammed, says Nigerians should be prepared to pay more for electricity

TCN boss , Mohammed, says Nigerians should be prepared to pay more for electricity

- The Transmission Company of Nigeria says it is essential for Nigerians to pay more for electricity in order to ensure regular power supply in the country

- Usman Mohammed, the managing director of TCN, explains that paying more for electricity is the only way the power supply issues in the country would improve

- Mohammed notes that there is a need to initiate a cost-reflective tariff system to improve the power sector

Transmission Company of Nigeria (TCN) has advised Nigerians to be prepared to pay more for electricity in order to ensure regular power supply in the country.

Usman Mohammed, the managing director of TCN, made the statement on Friday, February 21, in Lagos during the groundbreaking for the replacement of old wires on the Ikeja West-Alimosho-Ogba-Alausa-Ota Transmission Lines, Vanguard reports.

TCN boss say Nigerians should be prepared to pay more for electricity
The TCN says it is essential for Nigerians to pay more for electricity in order to ensure regular power supply in the country
Source: UGC

He said paying more for electricity was the only way the power supply issues in the country would improve.

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He noted that there is a need to initiate a cost-reflective tariff system to improve the power sector.

In another report, the Nigerian federal government said it has secured an approval from the International Court of Arbitration to resume works on its 3,050 megawatts (MW) capacity Mambilla hydropower plant.

A report by This Day indicates that this information was disclosed in a statement from the Ministry of Power during the project’s sensitization meeting. The lawsuit which was filed at the International Court of Arbitration against the execution of the project has been withdrawn.

Farouk Yabo, the chairman of the project delivery committee was quoted by the ministry to have explained that the lawsuit was one of the factors that had stalled the power project and was finally resolved.

Legit.ng gathered that the project which could have been the country’s largest hydropower plant when completed was initiated 45 years ago power-plant.html

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Poverty: Electricity is luxury in Nigeria - NNPC boss

Meanwhile, Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation (NNPC), it is lamentable that electricity has become a luxury to citizens of the country. Kyari said that before the federal government goes into the issue of renewable energy, it must first deal with the availability of power supply, The Nation reports.

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The NNPC boss said that currently, many Nigerians are still struggling to provide themselves with a meal for a day, while full power supply is reserved for the rich and mighty.

Still on energy, recent speech by Prof James Momoh, the chairman of the Nigeria Electricity Regulatory Commission (NERC), about his dream that Nigerian will have uninterrupted power supply has caused a buzz on social media.

In a video clip shared on Twitter by Channels TV, Momoh could be seen giving a speech that seemed to be an imitation of the "I have a dream speech" delivered by American civil rights activist Martin Luther King Jr in 1963.

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During his speech at a conference centered on electricity, the NERC boss stated that he has a dream that Nigerians will have uninterrupted power supply for 24-hours daily.

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