OpeOluwani Akintayo 12 March 2018, Sweetcrude, Lagos — Fresh statistics gathered by SweetcrudeReports have shown how Nigeria’s national grid experienced…
Browsing: Manitoba Hydro International
Michael James 09 August 2017, Lagos – The Socio-Economic Rights and Accountability Project, SERAP, has revealed how over N11 trillion meant…
03 January 2017, Abuja – Workers of the Transmission Company of Nigeria on Wednesday grounded activities at the firm’s Abuja…
The committee also queried why a foreign owned company, Manitoba Hydro-Electric International Co Limited, was awarded the management contract of TCN against its Nigerian subsidiary, Manitoba Hydro-Electric Nigeria Limited.
“The House was also concerned that the lofty goals of privatisation was marred by the sale of the sector to preferred bidders that could not pay the bid value on the sale, instead the BPE encouraged the deferment of payment and restructuring of payment terms in contravention of bidding rules to the disadvantage of other bidders.”
“The plan has also been carefully developed with the aim of realizing an uninterrupted power supply with the realization of 20,000MW by the year 2022.”
An industry source disclosed that Nigeria might lose a US$300 million World Bank grant if TCN fully fell back to government management.
31 July 2016, Abuja – The federal government has resumed the management of Transmission Company of Nigeria (TCN), following the…
17 February 2016, Sweetcrude, Abuja – The Federal Government has expressed confidence that power generation in the country could top…
13 July 2015, Abuja – Electricity workers have threatened to stop the plans by the Federal Government to renew the contract…