TREP is a strategy which is expected to rehabilitate and expand the nation’s (electricity) transmission infrastructure in order to stabilize the grid for optimum performance, in line with international best practices, through massive investment. TREP is also expected to expand the capacity of the Transmission Grid to 20,000MW by 2021, says a Transmission Company of Nigeria (TCN) document on the project.

In 2018, the Managing Director of TCN, Usman Mohammed, when he presented the company’s 2018 scorecard to State House correspondents in Abuja, said “We have established transmission, rehabilitation and expansion programme. The main objective of this is to rehabilitate, stabilise and expand the delivery capacity of TCN to at least 20,000 megawatts by 2021 and we are on track”.

This was prior to the commencement of Mamman’s tenure as the Minister of Power. He was appointed by President Buhari in August, 2019. He took over the Ministry of Power from Babatunde Fashola, who was the then Minister overseeing the Federal Ministry of Power, Works and Housing (FMPWH) during the first tenure of the democratically-elected Buhari presidency.

In addition, the TCN published a scorecard titled “Milestones from February 2017 to September 2018,” which shows detail of the funding support two years before Mamman became the minister.

The $1.6 billion donor support was from the World Bank, African Development Bank (AfDB), and Japan International Cooperation Agency (JICA) while the French Development Agency also supported with a $170 million commitment for the Abuja Transmission project.

The “Northern Corridor Transmission Project to be financed by French Development Agency and EU ($245 million and €25 million). The appraisal of this project was completed on September 28, 2018 and is expected to be approved by the Board of AFD and EU in November 2018. ”

From the TCN documents, it can be deduced that even though plans were on ground, not all the fundings were available as $210 million was approved by the AfDB for NTEP in November, 2019.

More : https://factcheckhub.com/did-sale-mamman-raise-1-6billion-for-trep-within-one-year-as-nigerias-minister-of-power/

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Hope say no be borrow?

Lets hope so

abramelin11:
Hope say no be borrow?

wonderful