The Transmission Company of Nigeria (TCN) says a ₦457bn debt and Right of Way issues are stalling power projects. Executive…
The Transmission Company of Nigeria (TCN) says a ₦457bn debt and Right of Way issues are stalling power projects.
Executive Director, Engr. Oluwagbenga Ajiboye, said ₦217bn is legacy debt, while the rest is from unpaid services. He added that land disputes delay transmission projects, making them targets for vandals—costing TCN nearly ₦9bn last year.
MD Sule Abdulaziz said these issues are affecting grid expansion despite support from development partners.
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