The Managing Director, Transmission Firm of Nigeria (TCN), Alhaji Usman Gur, has mentioned that the federal authorities in collaboration with worldwide donor businesses has put aside over $1.61 billion to make sure fixed energy provide within the nation.
Gur, who can also be the Chief Govt Officer of the TCN, revealed this on Sunday in Kano whereas briefing newsmen on the Kumbotso energy sub-station.
Based on him, the challenge shall be carried out below the Transmission Rehabilitation Enlargement Programme.
“We are rehabilitating and expanding to degree 20,000 megawatts by 2022 across the country,” he mentioned.
He famous that the federal authorities has already earmarked about N32 billion to compensate Nigerians whose lands, homes and farms could possibly be affected by the right-of-way to create energy traces for the execution of the challenge.
“The whole quantity that we’re going to pay for compensation throughout the nation is about N32 billion and the whole challenge price is $1.61 billion. The challenge shall be supported by varied worldwide donors.
“The compensation for right-of-way from Kumbotso sub-station to Zagara will cost about N3 billion. We have not completely validated it. The total cost for compensation across the country is being provided by the federal government, ” he mentioned. (NAN)