FG to spend N500bn on abandoned TCN projects

11/01/2024

The Federal Government is to spend over N500bn to complete more than 100 abandoned projects for the Transmission Company of Nigeria across the country.

The Minister of Power, Adebayo Adelabu, stated this on Thursday, during an official visit to the Kano Electricity Distribution Company.

The minister was in the state to engage with stakeholders, including the Kano Electricity Distribution Company, to identify and tackle obstacles hindering optimal performance in the power sector.

He also apologised to Nigerians, especially of northern extractions, over the elongated days of blackout experienced in the last 15 days.

Speaking at the KEDCO meeting, Adelabu said the abandoned TCN projects had reached between 80 percent and 95 percent completion stages.

Written by: bossgmsi

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