PREMIUM TIMES
The Transmission Company of Nigeria (TCN) will need about N2.779 trillion to execute its 149 projects scattered across the country, Minister of Power Adebayo Adelabu said.
Bolaji Tunji, special adviser on strategic communication and media relations to Mr Adelabu, disclosed this in a statement on Tuesday.
Mr Adelabu noted that the ministry’s total budget falls short of this amount, emphasising the need for cooperation and collaboration to achieve the president’s mandate for improved electricity supply.
Mr Tunji said the minister disclosed this when he appeared before the two chambers at the National Assembly for the ministry’s budget presentation on Monday.
“For the TCN alone, we will need about N2.779 trillion to enable us to execute the about 149 projects we are currently engaged in all over the country. Our total budget as a ministry is not even up to this but as the saying goes that half bread is better than none.
“I’m telling you so that you can be aware…
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