₦airaland Forum

The Federal Government has extended Manitoba
Hydro International Limited of Canada’s
management contract for the Transmission
Company of Nigeria by a year.
The government took the decision despite the
agitation by electricity workers that the contract
should not be renewed as they vowed to seek
all legal means to protect themselves should
the deal be extended.
The Federal Government also confirmed that
the TCN would be unbundled into two
companies, and this would be facilitated by
Manitoba.
The extension of Manitoba’s deal follows a
three-year management contract signed in 2012
for it to manage TCN’s electrical power
transmission, system operation and market
operation undertakings, as well as train the
transmission firm’s personnel.
The initial contract, which was signed by the
TCN, MHI and the Bureau of Public Enterprises,
will expire on July 31, 2015.
The General Manager, Public Affairs, TCN, Mrs.
Seun Olagunju, noted in a statement on Tuesday
that MHI would continue to assume
responsibility for the management and control
of TCN’s entire operations, working alongside
Nigerians to transform the company into a
technically and financially efficient, stable and
sustainable organisation.
She said working together with the transmission
company’s employees, Manitoba had achieved a
wheeling capacity of 5,300 megawatts of
electricity and reduced system losses from over
12 per cent to approximately eight per cent.
“In addition, system collapses have reduced
significantly from 22 in 2013 to nine in 2014,
while the duration of collapses has reduced
from more than 2.5 hours to approximately 30
minutes,” Olagunju said.
She noted that the fourth year of the contract
would focus on further increasing TCN’s
capacity to transmit power in the grid, in
anticipation of rising levels of generation in the
country.
“Additionally, MHI will facilitate the unbundling
of the TCN into two new organisations, the
Transmission Service Provider and the
Independent System Operator, while
simultaneously building the capacity of local
management to take over the leadership of
these organisations at the end of its contract,”
Olagunju stated. The Chairman of TCN’s Supervisory Board, Mr.
Ibrahim Waziri, expressed satisfaction with
Manitoba’s performance, noting that the
Canadian firm would continue to play a role in
TCN’s transformation and development.
“Working together, we expect to build on our
achievements over the past three years,” Waziri
was quoted as saying.
Meanwhile, for the first time in about three
years, the country on Monday recorded a new
peak power generation of 4,545MW that
surpassed the 4,517.6MW, which had been
previously recorded as the highest generated
power.


http://www.punchng.com/business/business-economy/tcn-fg-extends-manitobas-contract-by-12-months/

marychy:
Salam salam
I am a new converted Muslim woman. I will really love to learn more about Islam

Alhamdulilah!! welcome to islam

Hmmm..May God help us

very nice..

FreeGlobe:
the president is an extremist. he should realize this is nigeria and not the federal republic of north

madam take it easy. The president just made 3 to 4 appointments out of the thousands that he will make. SA on media, accountant general and DG sss. All the rest are on acting capacity(the most senior staffs) and those of his own personal staffs that are not subjected to any federal character. Just calm down and pray for his success.

The president have the constitutional right to appoints who ever he feels to any position provided that person is qualified and has not violated the constitutional requirements.

I wish him a successful tenure and i urge him to reposition the service to its primary mandate of intelligence gathering

eazy1990:
Tinubu who turned APC to a one man party is not selfish, don't forget that Tinubu nominated the VP, the same Tinubu nominated the APC National Chairman and also all the NWC. The same man still want both the SP and House speaker. Is dat not greediness if I may ask?

If tinubu wanted to be selfish, he could have impose himself as the vice presidential candidate of his party. Dont also forget, his wife is in the senate and a selfish politician wont hesitate to put forward his wifes name for any of the senate principals position.

arabianights:
please , i fault your first line. on what grounds, did u reach this? go and check his history as gov of kwara then tell me how he is a good leader but of course he is a politician, a very dirty ,desperate, greedy, selfish one for that matter

check his records as the chairman nigerian govonors forum how he was able to rally his collegues to hold obasanjo to ransom and arm twist him. Today in kwara, nobody can become anybody without sarakis blessing. I dont like him either, but the truth must be told he is in perfect control of kwara state.

Fayose has been governing ekiti since last year with out comisioners. Tanoids are not complaining. but buhari has been president less than 40days yet people are criticism him. is that not hipocracy

To all gurus in the house, can lack of upgrade of a reviever prevent it from powering up?. cos my reciever powers on anytime it feels like and am tinking it is because i refuse to upgrade it.

saraki is a good politician with good leadership qualities no doubt. but he is very desperate and selfish

Caseless:
Dissolved now or before, we don't care.
We sure know that a board that is associated with a corrupt agency, ministry and minister has been dissolved. We are happy.

The goodnews is that, their otuoke dullard is now out and roaming the street as a drunkard.

LWKMD

if you decided to close down the market who will suffer?

people no longer respect copers anymore. gone are does days..

if you want an accurate and balance news source go for the nation, punch, leadership, dailytrust and premium times

very commendable

marhababika ya ramadan

na only one cloth d get?

what happens to the smilling tambuwal?

cramjones = beremx cramjones = beremx

wow!!! what a debate. the judges will have a tough time deciding this one. i have learn quite a lot of things in this debate. wizeboy, yeyenati, semioyin and the organizers thumbs up!!!

Hmm..may God save us

Op have you watched the film "3 idiots"? The answer to your question is there.

Almakura the chess master..checkmate!!!

agaj4life: Is only Those that received txt directing them to certain RTC. If you know you didnt received txt , you better wait 4 16 Jan. U will be surprise if i tell you some Officer IV already start work. Aminumuwo is on his way to his work center now .

ok tanx for the clarification

agaj4life: I call TCN Abuja '....if you do your Documentation there ,you dont need to come to Abuja, colllect your poasting letter and report to the station on 16....'
This is some of what he told me. I will make Decision from now to Sunday.

my question is how will you collect your posting letter without going to were you are told to do documentation? or is evryones posting letter send to all rtcs?

some people are indeed funny. The text message send clearly states that officer iv, civil engrs & mech engrs are to report on thr 16th yet some people are still going before the stated date. if you have problem now you began to complain..SMH