National

FG Okays N1.4 Billion For Power Sector

The Federal Executive Council (FEC) has approved the sum of N1.4 billion for the supply of more equipment for the Transmission Company of Nigeria to boost electricity supply across the country.

This was revealed by the minister of Power, Mr Abubakar Aliyu when speaking on the outcome of the meeting of the council, presided by President Muhammadu Buhari on Wednesday in Abuja.

According to him, “I presented two memos from the ministry of power for the Transmission Company of Nigeria.

“The first one was a variation of the sum of a contract for 132/33 KV substation at Kafanchan, Kaduna State, with a KV line base extension at Jos substation, in Plateau State. This is in the sum of N132, 705, 861.42.”

The minister said the second approval he got was for the supply of handling equipment and operational vehicles also for the Transmission Company of Nigeria at the cost of N1.3 billion.

“The second memo was for the supply of handling equipment, haulage and operational vehicles for the TCN at N1,338,159,080.88.

“They are heavy lifting equipment that the TCN requires for doing its work in the store and on the field while changing equipment and moving transformers. CONTINUE READING…

Do you have any information you wish to share with us? Do you want us to cover your event or programme? For Adverts or report call/WhatsApp us on +2348072633727

VAM News

Recent Posts

2027: Presidential candidates Sign Peace Accord

...The ceremony came one day before the commencement of campaigns for the presidential and National…

6 hours ago

Ekiti announces date for 2026 Ikogosi Road Race

THE 2026 Ikogosi Road Race will take place on October 31 following official endorsement from…

9 hours ago

Nollywood Actor Hassan Taiwo ‘Ogogo’ in critical condition

THE daughter of veteran Yoruba actor, Taiwo Hassan, popularly known as Ogogo, has debunked reports…

10 hours ago

Osun 2026: Oyebamiji Thanks Supporters, Flags Attacks On APC Members, Urges Peace

All Progressives Congress, APC, governorship candidate in the just-concluded Osun State election, Asiwaju Munirudeen Bola…

17 hours ago

83 more Nigerians evacuated from South Africa over Xenophobia attacks

THE Federal Government has announced that another batch of 83 Nigerians evacuated from South Africa…

18 hours ago

“A Great Loss”: Osun Online Publishers Mourn Matron Olufunmilola Abokede

THE Osun Online Publishers Association (OOPA) is in mourning following the death of its Matron,…

18 hours ago