As efforts to improve the power supply in the country, the Federal Executive Council has on Wednesday approved the sum of N1.4 billion for purchase of additional equipments for the Transmission Company of Nigeria (TCN).
This is coming days after the country expirenced total black out following the collapse of the National grid.
While addressing State House correspondents after the meeting, the Minister of Power, Abubakar Aliyu said he presented two memos from the ministry of power for the Transmission Company of Nigeria.
According to him, the first one was a variation of the sum of a contract for 132/33 KV substation at Kafanchan, Kaduna State, with a KV line base extension at Jos substation, in Plateau State. “This is in the sum of N132.7 million”, he said.
“The second memo was for the supply of handling equipment, haulage and operational vehicles for the TCN at N1, 338, 159, 080. 88. They are heavy lifting equipment that the TCN requires for doing its work in the store and on the field, while changing equipment and moving transformers and the council graciously approved,” he said.
The FEC also ordered the Nigerian Bulk Electricity Trading Plc (NBET) to begin negotiations with Nigerian Agip Oil Company (NAOC) to establish the new Okpai 11 power plant on the grid.
It was also disclosed that the government entered an agreement with the Nigeria National Petroleum Corporation Gas and Power Investment Company Limited (NGPIC a subsidiary of NNPC) on the Okoloma gas processing plant to restore the full capacity of the 650MW Alom VI combined cycle power plant.
The government blamed the constant collapse of the National grid on vandalism, poor management system and gas supply issues.
