TCN says electricity supply revenue may dip during lock-down

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TCN MD, U.G. Mohammed
​The Transmission Company of Nigeria (TCN) has said the ongoing lockdown may affect revenue generation for the power sector during the lockdown period.

The Managing Director of TCN, Mr Usman Gur Mohammed who disclosed this in an interview yesterday also dismissed claims that the federal government was providing free electricity to Nigerians saying government does not own all sections in the power sector.

“The federal government cannot make power free because it does not own the power. Apart from the transmission (TCN) which is just the transporter of electricity that belongs to the federal government, all the other chains are in private hands.

“Even as at now that the federal government is providing subsidy, and that is not coming enough as we still have huge unpaid bills,” Mohammed explained.

He added that electricity supply services significantly improved in the first 14 days of the lock-down across Lagos, Ogun States and Abuja.

Mohammed said, “At this stage, what we need to do is to sustainably supply electricity. That is what we are doing and in the last two weeks that we have been on lockdown, we have performed very well.”

He also said TCN has scaled down operations to the extent that only the senior staff are working along with technical staff who run shift and observe all preventive measures on the Coronavirus, COVID-19.

The TCN head recounted milestones of the company in the first three months of 2020. “We installed a 300MVA transformer in less than a month and this has never happened in the history of TCN. We also connected the protection system through fibre which we have not done before too.

“During this period, we also installed seven bulk power transformers across the network all using our TCN engineers,” Mohammed said.

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