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How We Plan To Prevent Frequent Grid Collapses – TCN
The Transmission Company of Nigeria (TCN) has said it will implement a backup system to prevent nationwide blackouts in the event of a national grid collapse.
TCN’s Managing Director, Sule Abdulaziz, revealed this during an appearance on Channels Television’s Sunday Politics program.
He attributed the recurrent grid failures to the outdated infrastructure, some of which has been in place for over 50 years.
Abdulaziz said, “Presently, we are doing the scatter system for the whole network and it is funded by the World Bank, and the project will take two years to be completed, and now, we have done 70% of the project.
“Almost a month ago, we were at Gwagwalada (in Abuja) with the World Bank where we celebrated the project. It is 70 percent completed. Once we have the scatter system, it will reduce the frequency of getting system disturbances.”
“We are trying to upgrade all our transmission lines,” he said, adding that though the government might not have enough money for the project, the TCN has been working in partnership with private companies to mobilise funds.
“The honourable minister is now working with the presidency to have that approval. This is what we call the super grid.
“By the time we have it, even if there is a fault in one transmission line, you can switch to the one so that we have an alternative but now, the type of grid we have, once we have a problem with the line, you have no other line to switch on to,” he said.
The TCN Managing Director emphasised the need for ongoing investment in critical electricity generation and transmission infrastructure.
He explained that the rising costs of electricity reflect the challenges of power production, noting that Nigerians in Band A reportedly enjoy 24-hour electricity.
Despite the recent tariff increases, Abdulaziz maintained that electricity in Nigeria remains more affordable than in neighboring countries like Chad, Mali, Burkina Faso, and other African nations.
Source: afemaireporters
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By Gloria Ikibah
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Obasanjo narrates how he escaped becoming drug addict
Former President Olusegun Obasanjo has revealed how he almost became a drug addict.
He spoke in Abeokuta over the weekend at the second edition of ‘Fly Above The High’ anti-drug campaign conference organised by the Recovery Advocacy Network.
Obasanjo stated that smoking during his youthful age led to chronic coughing and almost became an addiction.
The former President, while lamenting the increase in drug abuse among Nigerians and other West Africans, urged Nigerian students and young people to refrain from abusing psychoactive drugs, saying that they ruin life rather than enhance it.
“If I had persisted, I could have become addicted. Once you get involved, it is difficult to get out.
“There’s nothing drug can do for you except destruction.
“We found out that West Africa has equally been a centre for drug consumption in a very bad way. That was more than 10 years ago, so the situation has since gone worse. And whatever applies to West Africa applies to all other parts of Africa,” Obasanjo said.
He cautioned against stigmatization and urged individuals who are already addicted to psychoactive drugs to get help.
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We saved $20bn after Petrol Subsidy Removal and FX Rate Reforms, Says Finance Minister
Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria has saved $20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate.
Edun spoke at a ceremony recently held to mark the first 100 days in office of Esther Walso-Jack, head of civil service of the federation, in Abuja.
“An amount of five per cent of GDP is what those two subsidies were costing when there was a subsidy on PMS; when there was petroleum product generally for a long time and when there was a subsidy of foreign exchange. Between them, they were costing five percent of GDP,” he said.
“If you say GDP was on average, let’s say $400 billion. We all know what five percent of that is – $20 billion of funds that could be going into infrastructure, health, social services, education.”
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