Vice President, Namadi SamboVice President Mohammed Namadi Sambo has directed the Transmission Company of Nigeria (TCN) to take over all completed transmission lines and commence the immediate distribution of power to Nigerians.
Namadi Sambo who granted audience to the Board and Supervising Management of the TCN and other officials of the power delivery sector at the Presidential, Abuja, today, made it clear to the new Chairman of TCN, Ibrahim Dahiru Waziri that ‘government is serious in addressing three sectors in order to achieve the objectives of adequate power supply.’
He listed them as Financing, proper generation, transmission distribution and development of gas infrastructure for gas supply as well as production of hydro-power plants to meet the planned objectives of the vision 2020:20.
The Vice President acknowledged that there are a lot of challenges particularly with government using the TCN in a new strategy to bring in Manitoba to manage and transfer technology to the local expertise. He assured them of government’s continued support and partnership toward achieving the set goals. Namadi Sambo promised to use this avenue to commence discussions on other relevant support, especially in areas of funding and investments.
He assured that government will further invest in the TCN, even as he disclosed that a transaction adviser has been appointed and that work is ongoing on to assess them with a view to transferring all the transmission investments of the Niger Delta Power Holding Company (NDPHC).
He charged the Ministry of Power to meet and come up with solutions on how to forge ahead. He directed that all the projects should be commenced simultaneously.
