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Nairaland Forum / Nairaland / General / Business / FG Orders TCN To Manage N72bn Planned Investment In Power Discos (294 Views)
FG Orders Google, Apple To Deactivate ‘illegal’ Online Banks, Loan Apps / [PHOTO] Dangote, Otedola, Meet Buhari As Elumelu Invests $2.5m In Power Sector / TCN To Manage N72bn Investment Funds For Discos (2) (3) (4)
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FG Orders TCN To Manage N72bn Planned Investment In Power Discos by Mediamerge: 3:13pm On Aug 02, 2018 |
By Energy Worth The federal government has reportedly approved the Transmission Company of Nigeria (TCN) to be the anchorman for a N72 billion investment it plans to sink into the 11 electricity distribution companies (Discos) to upgrade their distribution infrastructure and networks. This is just as the TCN has dissed Discos in Nigeria for repeatedly failing to provide stable electricity services to their consumers, stating that about 80 per cent of electricity used in Togo and Benin Republic came from Nigeria and through its network, with the distribution networks of these countries providing stable power to their customers while that of Nigeria don’t. Read more...http://energyworthonline.com/2018/08/02/fg-orders-tcn-to-manage-n72bn-planned-investment-in-power-discos/ |
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