‘Removing TCN Boss May Stall $1.66bn Transmission Projects’   The Nigerian Power Consumers Forum (NPCF) has said removing the Managing Director of the Transmission Company of Nigeria (TCN), Usman Gur Mohammed, may stall the $1.661 billion multilateral agencies-funded projects targeted at expanding bulk power transmission to...

In 12 Months, Foreign Debt Servicing Gulps $1.66bn   Servicing the nation’s external debt gulped $1.66bn in one year, from July 2018 to June 2019, an analysis of data obtained from the Debt Management Office has shown. Our correspondent reports that within the one-year period, the country’s...

TCN Attracts $1.66bn, Plans Massive Increase In Power Transmission   The Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed has said with proper planning, the firm has attracted $1.66 billion to raise bulk power wheeling capacity from 8,100 megawatts (MW). Mr Mohammed...

We Haven’t Spent World Bank’s $1.66bn - TCN   The Transmission Company of Nigeria says the $1.66bn it secured from the World Bank and other multilateral financing agencies has not been invested contrary to claims being made in some quarters. The government-owned transmission company said the financing...