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  • 18 transmission towers vandalised in six days,  says TCN

    18 transmission towers vandalised in six days,  says TCN

    More than 18 transmission towers have been vandalised within six days, the Transmission Company of Nigeria (TCN) said yesterday.

    The facilities were destroyed between January 9 and 14, a statement by the TCN General Manager, Public Affairs, Ndidi Mbah, confirmed.

    Mbah said: “The Transmission Company of Nigeria (TCN) regrets to announce that over 18 transmission towers were vandalised between January 9 and 14, 2025, across Rivers, Abia, and Kano States.

    “Emmanuel Okpa, an engineer and General Manager, Transmission for the Port Harcourt Region, reported that routine patrols by linesmen on January 10, 2025, uncovered damage to towers 171 through 181 and tower 184.

    “On January 14, vandals targeted towers 146, 147, and 149 along the Owerri/Ahoada 132kV line in Rivers State, removing base brackets and compromising the stability of the towers.”

    Mbah said that in Abia State, Head of the Lines Department for the Region, Azuh Lucky, reported the theft of bolts, nuts, and structural members from towers 160 to 162 on the Alaoji/Umuahia 132kV line, which was under repair on January 13, 2025.

    He added: “Meanwhile, in Kano, towers 105, 106, and 107 along the Katsina-Gazoua 132/33kV transmission line were critically damaged by vandals on January 9, 2025, compromising their structural integrity and risking collapse.

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    “In the early hours of January 17, 2025, vandalised 132kV underground transmission cables were discovered by TCN engineers near Millennium Park in Abuja. This affected power supply to the central area and its environs.

    “These incidents pose a significant challenge to our operations as a company. We have bolstered security measures, increased lines patrol, and the number of vigilante groups, and we are also collaborating with security operatives.

    “However, we need and are appealing for the full support of every Nigerian, particularly those in communities hosting our installations. We must collectively recognise that the transmission network is our collective asset and essential for our socioeconomic development.

    “The vandals and those who buy stolen materials are sabotaging the nation. All hands must be on deck to ensure the growth of the nation’s power sector, which is critical to the development of our country.

    “TCN’s grid expansion plans are under tremendous strain due to the persistent vandalism of its installations. The financial implications of constant repairs to vandalized transmission installations, along with the stress on the grid, are having adverse effects on TCNs grid expansion drive.

    “This is a clarion call for everyone to join forces with TCN to put an end to this menace and safeguard our electricity network.”

  • Over 18 transmission towers vandalised in six days, says TCN

    Over 18 transmission towers vandalised in six days, says TCN

    The Transmission Company of Nigeria (TCN) yesterday revealed that over 18 transmission towers have been between January 9 and 14.

    They were destroyed in Rivers, Abia, and Kano States, according to a press statement of the Public Affairs, General Manager, Ndidi Mbah yesterday.

    The statement said, “The Transmission Company of Nigeria (TCN) regrets to announce that over 18 transmission towers were vandalized between January 9 and 14, 2025, across Rivers, Abia, and Kano States.

    “Engr. Emmanuel Okpa, General Manager of Transmission for the Port Harcourt Region, reported that routine patrols by linesmen on January 10, 2025, uncovered damage to towers 171 through 181 and tower 184.

    “On January 14, vandals targeted towers 146, 147, and 149 along the Owerri/Ahoada 132kV line in Rivers State, removing base brackets and compromising the stability of the towers.”

    The TCN statement recalled that in Abia State, Engr. Azuh Lucky, Head of the Lines Department for the Region, reported the theft of bolts, nuts, and structural members from towers 160 to 162 on the Alaoji/Umuahia 132kV line, which was under repair on January 13, 2025.

    It said meanwhile, in Kano, towers 105, 106, and 107 along the Katsina-Gazoua 132/33kV transmission line were critically damaged by vandals on January 9, 2025, compromising their structural integrity and risking collapse.

    The statement reads in part: “In the early hours of January 17, 2025, vandalized 132kV underground transmission cables were discovered by TCN engineers near Millennium Park in Abuja. This affected power supply to the central area and its environs.

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    “These incidents pose a significant challenge to our operations as a company. We have bolstered security measures, increased lines patrol, and the number of vigilante groups, and we are also collaborating with security operatives.

    “However, we need and are appealing for the full support of every Nigerian, particularly those in communities hosting our installations. We must collectively recognize that the transmission network is our collective asset and essential for our socioeconomic development.

    “The vandals and those who buy stolen materials are sabotaging the nation. All hands must be on deck to ensure the growth of the nation’s power sector, which is critical to the development of our country.

    “TCN’s grid expansion plans are under tremendous strain due to the persistent vandalism of its installations. The financial implications of constant repairs to vandalized transmission installations, along with the stress on the grid, are having adverse effects on TCNs grid expansion drive.

    “This is a clarion call for everyone to join forces with TCN to put an end to this menace and safeguard our electricity network.”

  • Benin- Omotosho line tripped, no system collapse, says TCN

    Benin- Omotosho line tripped, no system collapse, says TCN

    The Transmission Company of Nigeria (TCN) has said the national grid did not experience any collapse on Saturday as widely reported. 

    Its Public Affairs General Manager, Ndidi Mbah in a statement explained: “Earlier today (Saturday), at about 13:41Hrs, the Osogbo – Ihovour line tripped, followed by the tripping of the Benin – Omotosho line. These consequently affected bulk supply to only Lagos axis alone.

    “It is important to clarify that at about 13:00 Hrs, today, just before the tripping, total generation on the grid was 4,335.63MW.”.

    Read Also:TCN boosts power grid with $200m World Bank project

    TCN said after the trippings, however, generation was 2,573.23MW, showing clearly that the grid did not experience a collapse.

    According to TCN, the transmission line tripping affected Egbin, Olorunsogo, Omotoso, Geregu, and Paras, but these have all been restored except for the Benin – Omotoso 330kV line whose restoration is ongoing.

    The statement said as “TCN continues to work  hard to put in place a robust transmission grid, in spite of prevailing  challenges. it is imperative that we understand the negative impact of deliberately misinforming the public and the value of disseminating true and verifiable facts.”

  • TCN boosts power grid with $200m World Bank project

    TCN boosts power grid with $200m World Bank project

    The Transmission Company of Nigeria (TCN) has announced significant strides in its nationwide transmission capacity expansion, facilitated by a $200 million World Bank-funded initiative.

    This ambitious project is aimed at improving electricity supply reliability and addressing critical gaps in Nigeria’s power infrastructure. 

    Managing Director of TCN, Mr Sule Abdulaziz, revealed this during his inspection of key substations in Lagos and Ogun States.

    “I have come to these substations to see the progress they are making in our programme of expanding the Nigerian electricity grid,” Abdulaziz stated. 

    According to Abdulaziz, TCN has awarded contracts for grid expansion projects across all regions including the north. He emphasised the nationwide scope of the initiative, saying, “The task of expanding the grid is a nationwide programme, so all regions will get it one by one. We will go there and we will show Nigerians what we did.” 

    He indicated key achievements include the installation of two transformers in the Sango-Ota area of Ogun State, with one already commissioned and serving all the neighbouring environment following the increased output capacity by 200 megawatts. These upgrades, he noted, are now powering areas such as Abeokuta, Lusada, Ota as well as parts of Lagos. 

    Read Also: TCN restores bulk power to northern States

    He said In Lagos, a newly commissioned 1×100/125 MVA 132/33KV power transformer at the Alausa Transmission Substation has boosted its capacity from 105MVA to 230MVA. Similarly, at the Alagbon Transmission Substation, two 100/125 MVA transformers were commissioned, raising capacity from 240MVA to 440MVA. 

    “This means more bulk power available for Eko Disconton offtake to its customers in Ikoyi, Victoria Island, Banana Island, some oarts of Lagos Island and some parts of Lekki, Abdulaziz said.

    “We are doing a lot of projects in Lagos to make sure that enjoy regular and sufficient power supply. It will now be for the Eko Electricity Distribution Company (EKEDC) to make sure they distribute this power wherever it is required,” he stated.

     The World Bank’s support, pledged on December 28, 2023, includes the implementation of critical projects such as the Supervisory Control and Data Acquisition System (SCADA) to improve grid reliability.

    The World Bank Country Director for Nigeria and Central Africa, Mr Ashish Khanne, reaffirmed the institution’s commitment during a courtesy visit to TCN earlier this year. 

     Despite these advancements, TCN faces challenges from vandalism and attacks on its infrastructure. However, Abdulaziz assured Nigerians of ongoing efforts to curb these issues.

    “We are also talking to the local heads and community leaders, they should find a way to talk to their people. They should let their people know that all these structures that are in their areas belong to them and not somebody else.

    “So, we are doing a lot in collaboration with the security agencies and I think we are getting results,” he assured.

    With this $200 million project and continuous investment in capacity-building, TCN is charting a path toward more stable and reliable power supply across Nigeria. However, the Managing Director noted that distribution companies like Eko Electricity Distribution Company (EKEDC) and Ikeja Electric have a pivotal role in ensuring that the increased bulk power reaches end-users efficiently.

  • TCN restores bulk power to northern States

    TCN restores bulk power to northern States

    The Transmission Company of Nigeria (TCN) said it has restored bulk electricity supply to some Northern States.

    This was contained in a statement by the company’s Public Affairs Manager, Ndidi Mbah.

    She said: “The Transmission Company of Nigeria (TCN) has successfully restored bulk power supply through its 330kV Ugwuaji-Apir transmission line 1 as of 4:56 pm today, following the completion of repairs on the vandalized section of the line.”

    The statement explained with the restoration of this line, the Apir-Lafia 330kV transmission line 2 is now operational, also, bulk power transmission has been restored to Lafia, Makurdi, Jos, Kaduna, Kano, Bauchi, and Gombe States.

    According to the statement, as restoration efforts continue, with the TCN engineering team preparing to commence work on the second 330kV transmission line.

    Read Also: Adelabu summons TCN, NERC over grid collapse

    The statement reads in part: “All necessary materials for the repairs are on hand, and work will begin as soon as the site is secured for the safety of our personnel to the affected sections of the vandalized 330kV transmission line two.

    In the meantime, teams of linesmen will re-patrol the 330kV line 2 to ensure that no other sections are impacted as the repair works progress.

    “We appreciate your patience and understanding as our engineers work diligently to restore the 330kV transmission line 2.

    ” TCN recognizes the importance of electricity in our daily lives and is committed to ensuring that this line is repaired swiftly, thereby increasing the bulk power to the affected area by the incident.”

  • Adelabu summons TCN, NERC over grid collapse

    Adelabu summons TCN, NERC over grid collapse

    Worried at the disturbance on the national grid which threw some sections of the country into darkness twice within the week,  Minister of Power, Chief Adebayo Adelabu at the weekend summoned the leadership of  the Nigeria Electricity Regulatory Commission (NERC) and the Transmission company of Nigeria (TCN) to an emergency meeting. 

    The Minister expressed displeasure at the incident, which he said, was capable of rubbishing the giant strides made in the last one year which has led to an increased generation and distribution of 5, 527 megawatts, a record generation in three years.

    This was made known in a press statement his Special Adviser, Strategic Communication and Media Relations, Mr. Bolaji Tunji issued from Abuja yesterday.

    The statement said Adelabu also constituted a forensic investigation committee  with a mandate to advise the government on necessary solutions to make the national grid robust and reliable in addition to the ongoing efforts of the government like the Presidential Power Initiatives (PPI) and the Nigeria Electricity Transmission Project (NETAP).

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    The Committee is to also establish the root cause of both incidents especially a review of potential sabotage on the system.

    The Committee will holistically review the national grid stability and identify investments and technical capacities required to make the grid smart and resilient.

    In addition, a technical team has been deployed to access the critical nodes on the national grid to identify potential vulnerabilities and proffer recommendations to address these vulnerabilities to prevent future disruptions to the  grid.

    On  Monday, October 14, there was a partial collapse  due to the  tripping of a line at the Jebba Transmission Substation and recurring fault at the Osogbo Transmission Substation. Efforts to restore the grid further resulted in a  setback the following day. The System was however fully restored on Wednesday,  October 16, 2024. There was no grid collapse on Tuesday as was widely speculated as the setback was a continuation of Monday’s restoration efforts on the grid.

    Also what was described on  Saturday, October 19, as grid collapse was  a deliberate protective shut down of the grid as a result of the explosion of the Jebba transformer. And this was restored within two hours. “ What we had were more of grid disturbances than collapses”.

     Preliminary assessment of Jebba incident suggested that the explosion was as a result of ageing equipment unrelated to the initial collapse.

    The six-member committee are; Engr. Nafisat Ali, Executive Director, Independent System Operator (ISO), who leads the committee, Dr. Chidi Ike, Commissioner, NERC, Engr. Ishola (GM. National Control Centre (NCC) , Engr. Emmanuel Nosike, Director,  Transmission, Federal Ministry of Power (FMoP),   Engr. Ali Sharifai (GM, Transmission Service Provider (TSP) and Mr. Adedayo Olowoniyi, Chief Technical Adviser to the Minister of Power.

    The team is expected to present a report to the Minister by November 1,  2024.

  • Bayelsa outage: TCN promises to restore power in six weeks

    Bayelsa outage: TCN promises to restore power in six weeks

    …as govt seeks extension of transmission network to more communities

    The Transmission Company of Nigeria (TCN) has promised to complete the reconstruction of its collapsed transmission towers along the Mbiama-Ahoada axis of Rivers State and restore power supply to Bayelsa in six weeks from now.

    The Director General of the Transmission Service Provider (TSP), a subsidiary of the TCN, Engineer Olugbenga Ajiboye, gave the assurance yesterday when he led a high-powered technical team on a courtesy visit to the state Deputy Governor, Senator Lawrence Ewhrudjakpo, in Government House, Yenagoa.

    Ajiboye, who on behalf of the TCN, apologised to the people and government of Bayelsa for the prolonged power outage and its attendant economic cost, however, pleaded for the assistance of the state government to restore power in Bayelsa.

    He explained that the blackout had been occasioned by the damage to the TCN power transmission line connecting Bayelsa, noting that about 18 transmission towers were vandalised.

    He said: “We are here to plead with the people of Bayelsa State for the outage of power. We are here to also plead for the state’s assistance to restore power to Bayelsa.

    “We came to look at what is on the ground, and from what we have seen, it would take at least six weeks to reconstruct the collapsed towers and restore power to the state.”

    Ajiboye lamented that only this year alone, no fewer than 120 TCN transmission facilities had been vandalised nationwide, and appealed to the state government to provide security for the safeguard of its facilities.

    In his response, the Deputy Governor, Senator Lawrence Ewhrudjakpo, emphasised that the problem of public power supply had become a major issue in the state in recent times.

    Ewhrudjakpo expressed concern that although only about 30 per cent of Bayelsa is currently covered by the National Grid, the state had never enjoyed stable power supply even before the present damage of TCN assets caused by vandals occurred.

    Read Also: TCN seeks N1.59trn to deliver 129 capital projects in three years

    He urged the federal agency to expedite its reconstruction work, noting that while TCN was losing revenue from the protracted absence of power supply to Bayelsa, the State Government on the other hand was losing what he called political capital and goodwill.

    The Deputy Governor, who expressed government’s readiness to collaborate with the TCN to restore power supply, called on the transmission company to extend its transmission network to more communities in the state.

    On the request by the TCN for the Bayelsa State Government to provide security support for its facilities, Ewhrudjakpo promised that the Bayelsa State government would liaise with its  Rivers counterpart to secure the transmission line.

    He stated: “The issue of power supply has become a major issue in Bayelsa State in recent times, because the people are calling on the state government.

    “Bayelsa has never had good power supply despite the fact that only about 30 per cent of the state is connected to the National Grid. We want you to extend the transmission lines to other parts of the state.

    “We want the TCN to change its relationship with the Bayelsa State Government. For us, we are ready to have a higher collaboration with your people on the ground here to discuss and resolve issues at all times. 

    “Yes, you are losing revenue but we are also losing political goodwill and capital. The question is: Why is this sabotage rampant along the transmission line between Ahoada and Mbiama? 

    “There must be a strong collaboration between us and the Rivers State Government to ensure these facilities are protected and secured.”

    The head of the TCN delegation was accompanied on the courtesy visit by the General Manager, Transmission Services, Corporate Headquarters, Abuja, Engr Sherifai Ali and the General Manager of Transmission, Port Harcourt Region, Engr Emmanuel Akpa, among other senior officials.

  • TCN seeks N1.59trn to deliver 129 capital projects in three years

    TCN seeks N1.59trn to deliver 129 capital projects in three years

    Transmission Company of Nigeria (TCN), Managing Director, Engr . Abdulziz Sule said the government owned firm needs N1.5 trillion to deliver 129 capital projects in three years.

    He described lack of funds to complete projects, aging equipment, infrastructure vandalisation among others as major factors challenging the effective transmission of electricity in Nigeria.

    He spoke during the visit of the committee on power, House of Representatives Committee on Power to his office in Abuja.

    Sule said effective grid management has significantly improved the reliability of the grid wetwork.

    He added that with ongoing efforts such as increasing grid visibility through expansion, maintenance, and management plans, TCN is confident in achieving a stable, efficient, and robust grid network, despite existing challenges.

    The TCN boss noted that the company has implemented effective frequency control mechanisms to maintain grid stability and power quality.

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    Through optimised load balancing techniques, TCN has reduced the instances of partial and full system collapses, ensuring a consistent and reliable power supply to consumers.

    The MD revealed that TCN has commenced the implementation of the Supervisory Control and Data Acquisition(SCADA).

    He described SCADA as the systems that will enable real-time monitoring and control of the power grid.

    He added that this technological advancement will significantly improved grid stability, reduced transmission losses, and allowed for quicker response to faults.

  • TCN restores power to areas affected by system disturbance

    TCN restores power to areas affected by system disturbance

    • NERC transfers regulatory power to Oyo

    The Transmission Company of Nigeria (TCN) yesterday said that power supply has been restored to areas affected by arcing on the Benin-Egbin 330 Kilo Volt (kV) isolator at about 6:10pm on Monday.

    Arcing is an electrical discharge that occurs when electrons flow between two conductors, usually metal, in an environment with a gas or vacuum.

    Also yesterday, the Nigerian Electricity Regulatory Commission (NERC) said it has the transferred regulatory oversight of electricity market in Oyo State to the Oyo State Electricity Regulatory Commission (ISERC).

    TCN General Manager, Public Affairs, Mrs Ndidi Mbah, said in a that the arcing caused lines tripping and consequent loss of supply to some areas.

    ”However, the incident did not cause a system collapse. The lines tripping started earlier at about 2:47 p.m on Monday with a heavy system surge that led to the arcing of Benin-Egbin 330kV line isolator fingers at the Egbin Transmission Substation switchyard.

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    ”This resulted in a tripping at the Egbin Generating Station, which caused the loss of power supply to all the Egbin Transmission Substations’ outgoing lines.

    ”This led to an exponential increase in load on the Osogbo-Ihovbor 330kV line 1 with serious arcing of isolator terminals on the Osogbo-Ihovbor 330kV line 1,”she said.

    According to her, to ensure that the sequence of events does not affect the nation’s grid, the Osogbo – Ihovbor 330kV line was opened to temporarily cut off the flow of electricity on that line.

    Mbah said at about 2:56pm on Monday, the Benin-Egbin 330kV line 1 Circuit Breaker also tripped at the Benin Transmission Substation end.

    ”This resulted in the loss of supply to Lagos axis, parts of the South West Region, parts of the North Central and Abuja.

    ”Meanwhile, other areas, including the South Eastern region, North East, and other parts of North Central and South West, had full power supply.

    ”The line tripping was quickly rectified, enabling the grid controller to restore full bulk power supply through the transmission lines at about 6.10pm on Monday,” she said.

    Also yesterday, the Nigerian Electricity Regulatory Commission (NERC) said it has the transferred regulatory oversight of electricity market in Oyo State to the Oyo State Electricity Regulatory Commission (ISERC).

    The transfer of electricity regulatory oversight IERC was contained in an order dated August 5,2024, entitled: “Order No: NERC/2024/110.”

     The commission noted that the transfer takes effect from August 6, 2024.

    “This order takes effect from 6 August, 2024,” said the chairman Engr. Sanusi Garba and Commissioner Legal Licensing and Compliance, Barr Dafe Akpeneye, who signed the document.

    Recall that NERC exercises regulatory oversight of the Nigerian Electricity Supply Industry (“NESI”) as the apex sectoral regulator in accordance with powers conferred by the Electricity Act 2023 (“EA” or the “Act”).

    The electricity market in Nigeria was previously centralised and the move to decentralisation was achieved when Presidential Assent was granted to the amendment of relevant portions of the Constitution of the Federal Republic of Nigeria (CFRN) on 17 March 2023.

    Paragraph 14(b) Part II of the Second Schedule to the 1999 CFRN which provides that “a House of Assembly may make laws for the State with respect to generation, transmission, and distribution of electricity to areas not covered by a national grid system within that State.”

    The order noted that “In compliance with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission (“NERC” or the “Commission”) has issued an order to transfer regulatory oversight of the electricity market in Oyo State from the Commission to the Oyo State Electricity Regulatory Commission (OSERC).”

    With the EA 2023, the Commission retains the role as a central regulator with regulatory oversight on the inter-state/international generation, transmission, supply, trading and system operations.

    The EA also mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and requests NERC to transfer regulatory authority over electricity operations in the state to the State Regulator.

    Based on this, according to NERC, the Government of Oyo State complied with the conditions precedent in the laws, duly notified NERC and requested for the transfer of regulatory oversight of the intrastate electricity market in Oyo State.

    The transfer Order by NERC has the following provisions: – Direct Ibadan Electricity Distribution Company (IBEDC) to incorporate a subsidiary (IBEDC SubCo) to assume responsibilities for intrastate supply and distribution of electricity in Oyo State from IBEDC.

    It also directed that IBEDC shall complete the incorporation of IBEDC SubCo within 60 days from 6th August 2024.

    The sub-company, said the order, shall apply for and obtain licence for the intrastate supply and distribution of electricity from OSERC, among other directives.

    The order insisted that all transfers envisaged by this order shall be completed by 5th February 2025.

    Continuing, NERC said, “The Commission shall prepare register of licensees, permit holders, certificate holders and holders of any other authorisations from the Commission in Oyo State.

    “The register shall be delineated along the lines of authorised activities and use of the national grid for their activities.

    “A transfer of regulatory oversight notification shall be issued by the Commission to the companies in the register whose activities are limited within Oyo State informing the entities

    of the transfer/assumption of regulatory oversight for their activities by OSERC.

    “All cross-border transactions involving the national grid shall be sublect to the approval of the Commission in accordance with the CERN and EA.

    “IBEDC shall confirm to the Commission the contractual details for the supply of energy and capacity that shall supply IBEDC SubCo in Oyo State, and where reliance shall be made on the national grid or other interstate sources of generation; IBEDC SubCo shall seek appropriate authorisation/approval from the Commission in accordance with the CERN and EA.

    “OSERC shall have the exclusive responsibility of determining and adopting an end-user tariff methodology applicable within its area of regulatory oversight.

    “Where IBEDC SubCo receives electricity from grid connected plants, the contracts and tariffs applicable for generation and transmission services shall be approved by the Commission.

    “The final end-user tariffs approved by OSERC shall be the exclusive tariffs that apply in Oyo State and all tariff policy support for end-use customers in Oyo State shall be the responsibility of the Oyo State Government.

    “All transfers envisaged by this order shall be completed by 5 February 2025. Dated this 5uhl day of August 2024.”

  • TCN reboots DisCos with 3,240mw after grid collapse

    TCN reboots DisCos with 3,240mw after grid collapse

    After the restoration of the collapsed grid on Sunday at 8:26am, the Independent System Operator (ISO) sent 3,240MW to the 11 electricity Distribution Companies (DisCos).
    Recall that the Abuja Electricity Distribution Company and Enugu Electricity Distribution Company (EEDC) at the weekend notified their customers that there was an outage because of the collapse of the national grid.
    But The Nation’s check yesterday showed that transmission to DisCos had risen to 3,240MW.
    At the early hour on Sunday, total energy generation was 3,072.67MW from 18 companies.
    However, Ibom Power (Gas) and Odukpani NIPP (Gas) recorded 0MW production.
    The system collapse occurred the same week the DisCos announced the upward review of their tariff for customers on band A feeders, who consume 40 per cent of the Nigerian Electricity Supply Industry (NESI) energy.

    Read Also: TCN suspends planned power outage in Ondo, Ekiti – BEDC


    The companies adjusted the band A tariff from N206.80/Kwh to N209.80Kwh, assuring their customers of a minimum of 20 hours energy supply daily.
    Only four days later, they reneged on the pledge owing to the system collapse.
    According to the Minister of Power, Chief Adebayo Adelabu, N6 trillion is required to guarantee 24/7 electricity supply in the country.
    Speaking in the just concluded 2024 Nigerian Oil and Gas (NOG) conference, he said the country presently spends N30 trillion on self-generated energy.
    But for investors to wade into the situation, the Total Energies Renewable FG Nigeria, Mr. Adewale Fayemi, urged the Federal Government to initiate commercial framework that make provisions for recouping investment.
    Represented by Total Energies Explorer General Manager, Mr. Omotayo Hassan, he insisted that the bane of investment in the renewable is lack of confidence of how to recoup capital.
    He told Adelabu that “We need to come up with strong commercial framework that gives investors confidence that allows them recoup the capital they put into market, a reasonable amount of return. When you do that and that is lacking today.”
    Fayemi recalled that he was part of the team that the government agency called the Nigerian Bulk Electricity Trading and worked there for five years up till 2016.