Skip to main content

Expert Lauds FG on Electricity Transmission Network

Mr Sunday Makinde, an expert in the power sector, on Wednesday lauded Federal Government’s effort at improving electricity transmission network across the country.
Makinde, a former Chairman, Nigerian Institution of Electrical and Electronics Engineers (NIEEE), gave the commendation in an interview with
the News Agency of Nigeria (NAN) in Lagos.
He said that prior to this development; the Transmission Company of Nigeria (TCN) did not have the capacity to evacuate energy generated by Generation Companies (GENCOs).
 NAN reports that President Muhammadu Buhari in his New Year address to the nation said generation of electricity had now reached 7,000Megawatts (MW).
Buhari said that as at Dec. 8, 2017, the country had achieved 5,155MW of power delivered to its consumers, the highest level ever recorded.
According to the President, TCN can now distribute all the 7,000MW that can be generated.
“TCN and the Niger Delta Holding Company have added 1,950MVA of 330 down to 132KV transformer capacity from 10 transmission stations.
“Also, it has added 2,930MVA of 132 down to 33KV transformer capacity from 42 sub-stations that include: Ikot Ekpene, Aba, Alagbon, Ajah, Ejigbo, Funtua and Zaria.
“This administration is working with the Distribution Companies (DISCOs) to overcome the continuing challenges of distribution,” he said.
The former chairman said that the government had succeeded in solving the problem of energy evacuation from GENCOs to DISCOs with the improved transmission network.
“Over time, we have witnessed a situation in which when GENCOs generate above 4,000mw, it will be difficult for TCN to evacuate them.
“But from the President’s speech, I am delighted to hear that our TCN has the capacity to evacuate all the energy generated.
“This is a big plus to the present administration.
“This has shown that the government is aware of the challenges in the power sector,” he said.
Makinde also commended the present administration in resolving the litigation involving some power plant projects.
According to him, if the power plant project is completed, it will contribute more megawatts to what the country is currently generating.
He, however, pleaded with the Federal Government to compel DISCOs to carry out an up to date maintenance of their equipment.
“Consumers are having challenges of getting improved power supply if the DISCOs’ cables and transformers are faulty.
“If all these loopholes can be plugged, consumers will enjoy improved power generation,” he said.
Makinde also urged Federal Government to embrace the use of renewable energy, adding that many countries were generating energy through solar and wind energies.
NAN

Comments

Popular posts from this blog

FG set to deploy first batch of CNG vehicles ahead of Tinubu's one year in office come 29th May 2024

  FG announce plans to deploy the first batch of CNG Vehicles ahead of first anniversary of Tinubu in office on May 29th 2024. Said N100 billion was allocated to purchase 5,500 CNG vehicles, 100 electric buses, and over 20,000 CNG conversion kits. Deployment of CNG vehicles is parts of FG’s vision to have at least one million natural gas propelled vehicles on the roads by 2027. The Federal Government has announced plans to start the deployment of Compressed Natural Gas (CNG) buses and tricycles   for mass transit ahead of Tinubu administration’s first anniversary on May 29th. The move was disclosed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement on Sunday April 21st 2024. According to him, the Federal Government allocated N100 billion last year to purchase 5,500 CNG-powered vehicles (buses and tricycles), 100 electric buses, and over 20,000 CNG conversion kits. The funding, which is part of the N500 billion palliative budget, also suppo

CBN asks Nigerian banks to charge 0.5% cybersecurity levy on all transactions

  CBN asks Nigerian banks to charge 0.5% cybersecurity levy on all transactions   Jerry Wright-Ukwu May 7, 2024   Amid the prevailing challenges in Nigeria, deposit money banks across the country will now implement a 0.5% cybersecurity levy on transactions, as announced in a circular issued by the Central Bank of Nigeria (CBN) dated May 6, 2024. According to the circular addressed to all commercial, merchant, non-interest, and payment service banks, as well as mobile money operators and payment service providers, the levy is in line with the provisions of the Cybercrime (Prohibition, Prevention, etc) ( amendment ) Act 2024. “Following the enactment of the Cybercrime (Prohibition, Prevention, etc) ( amendment ) Act 2024 and  pursuant to  the provision of Section 44 (2) (a) of the Act,  ‘a  levy of 0.5% (0.005) equivalent to a half  percent  of all electronic transactions value by the business specified in the Second Schedule of the Act’, is to be remitted to the National Cybersecurity F

Reasons why Man United will defeat arsenal this weekend

  Manchester United has the potential to claim victory against Arsenal for several concrete reasons: 1) Home Advantage: Playing at Old Trafford, United will have the backing of their home crowd, which could boost the team's morale and performance 2) Strong Attack: With players like Marcus Rashford, Alejandro Garnacho, and Bruno Fernandes, United boasts a formidable attacking force that can break down Arsenal's defense. 3) Tactical Flexibility: Manager Erik ten Hag has shown adaptability in his tactics and can exploit Arsenal's weaknesses by adjusting his game plan accordingly. 4) Improved Defensive Stability: United has conceded fewer goals in recent matches, suggesting an improvement in their defensive capabilities, which could help them keep Arsenal's attackers at bay. 5) Motivation for Top-Four Finish: United's players will be highly motivated to secure a win against Arsenal, as it could significantly boost their chances of securing a top-four finish in the Premi