The Minister of Power, Works and Housing, Babatunde Raji Fashola, has said the Federal Government will start supporting electricity distribution companies by the end of this year as part of efforts to achieve incremental power supply in the country. Fashola stated this on Monday in Lagos during the inauguration of the new 2x60MVA, 132/33KV Transmission Company of Nigeria’s (TCN) transmission substation at Odogunyan in Ikorodu.
He said the transmission sector of the power value chain had been one of the beneficiaries of President Muhammadu Buhari’s charge of project completion and inauguration. “Over the last few weeks and months, whether it is in Sokoto, Lagos, Asaba or Umuahia, and recently in Apo in Abuja, we have been very busy completing one transmission project or expanding one transmission project here and there, and we are not done yet; we have only just started. “I can tell you that in the course of this year, the Transmission Company of Nigeria (TCN) has no fewer than 90 projects of substation completion, substation expansion and re-conducting of old lines in order to expand the grid capacity.”
Fashola said this administration had increased the grid capacity from 5000mw in 2015 to over 7000mw, “Towards the end of the year, our distribution expansion programme should have kicked in, and that is where we will be supporting the distribution companies to improve their capacities in the last mile that comes to your homes, farms, shop and schools.”