The remaining transmission equipment containers at some of the ports in the country are still lying fallow there due to insufficient fund for the Transmission Company of Nigeria (TCN) to facilitate their release, Leadership reports.

It was gathered that about N1.8 billion is required to free all the remaining containers, including the auction ones. TCN’s General Manager, Public Affairs, Seun Olagunju, said TCN has written a letter to the Minister of Power, Works and Housing, seeking approval to source funds from within and outside the budget, including international development partners to facilitate  the release.

“The release of some containers last November was a result of some tripartite underground negotiations between government, TCN and the port operators,” she explained, adding that the ones released then had been distributed to the areas of need and are the reason for some mini power projects TCN has been commissioning around the country of late.

Share