Energy
Why the Nigeria exports electricity to Niger, Benin, Togo — TCN
The Transmission Company of Nigeria (TCN) has explained why Nigeria continues to export electricity to neighboring countries amid shortage in national supply.
The agency stated that the deal provides avenue to earn more foreign exchange for national development.
The Managing Director of TCN, Sule Abdulaziz, who disclosed this at the Nigerian Power Consumers Forum, confirmed that, “Nigeria, through TCN, had been exporting electricity to Niger, Benin and Togo under a country-to-country arrangement.”
Abdulaziz, was quoted in a statement issued after the event by Lead, Advocacy Team, Nigerian Power Consumers Forum, Malam Yusuf Bako. Abdulaziz, who is also the Chairman, Executive Board of West African Power Pool (WAPP), said the regional market would further enable generation companies (GenCos) to export power to more West African countries, which will be evacuated by TCN transmission infrastructure.
-
Aviation6 days agoNigeria ends third-party visa processing in U.S, directs applicants to embassy, consulates
-
Business6 days agoFCCPC floors Air Peace as Court upholds authority to probe airline fare complaints
-
Business1 week agoSEC sets July 10 deadline for Q2 ownership, capital flows returns
-
News7 days agoEdo Police impose movement restriction ahead of Saturday’s LG’s elections
-
Business6 days agoHeavy reliance on portfolio inflows threatens Nigeria’s $51bn reserves — EBC
-
Business4 days agoNCC chief highlights trust as key to Nigeria’s digital transformation
-
Comments and Issues6 days ago‘Olodo Uprising’: When anti-intellectualism threatens good governance
-
Business7 days agoNigerian Banks face rising climate-related credit risks, Fitch says