- TCN MD, Engr. Sule Ahmed Abdulaziz calls for increased government investment in power to meet Nigeria’s 10,000MW electricity target by 2025.
- Ongoing TCN projects, including new power transformers at Sango-Otta and Alausa substations, aim to boost electricity supply in key areas like Ikeja, Abeokuta, and Ota.
- With Abdulaziz urging more funding to strengthen Nigeria’s power infrastructure, approximately $200 million is needed to complete the World Bank/TCN initiative.
The Managing Director of the Transmission Company of Nigeria (TCN), Engr. Sule Ahmed Abdulaziz has urged the Federal Government to invest more in the power sector, stressing the importance of electricity for national development.
Abdulaziz appealed for an inspection of newly installed power transformers at TCN substations in Lagos. He emphasised that the government’s target of generating 10,000 megawatts of electricity by 2025 requires substantial financial backing.
“When we talk about generating 10,000 or 20,000 megawatts, it demands significant funding. The power sector isn’t cheap,” Abdulaziz said. “We can hit and exceed these targets but need more investment. Countries like India allocate over $500 million annually for electricity. Nigeria must make similar efforts.”
He acknowledged the government’s many responsibilities but underscored electricity as a priority for development. “Electricity is crucial for progress. With proper investment, we can meet this target,” he added.
Abdulaziz revealed that ongoing projects to boost power supply across Nigeria require around $200 million. These projects form part of the World Bank and TCN’s joint initiative to enhance electricity distribution.
Installing a 100/125MVA power transformer at the Sango-Otta substation has increased its capacity from 160MW to 260MW. This upgrade will improve the power supply for Ibadan and Ikeja Electricity Distribution Companies, benefiting Ota, Iju, Sango, Ijoko, and Abeokuta customers.
In another development, TCN installed a 100MVA power transformer at the Alausa substation, raising its capacity to 230MVA. This will ensure bulk power availability for Ikeja Distribution Company’s customers in Ikeja, Oregun, Alausa, Ojodu Berger, and nearby areas.
Abdulaziz highlighted TCN’s ongoing efforts to improve power infrastructure across the country. These projects aim to address rising electricity demand and ensure a more reliable power supply.
The TCN boss stressed the need for further investment to achieve the sector’s goals. “We understand the challenges ahead, but with adequate funding, we can transform the power sector,” he said.
He pointed out that the power sector is critical in Nigeria’s development and warned that the country’s progress could be hindered without adequate investment. Abdulaziz concluded by urging the government and private investors to focus on the power sector as part of Nigeria’s development agenda.
These projects represent progress in TCN’s plans to improve the country’s electricity supply. However, Abdulaziz reiterated that more funding remains necessary to complete other key infrastructure projects critical to Nigeria’s energy future.