BEVERLY HILLS, January 28, (THEWILL) – The Management of Transmission Company of Nigeria, TCN has debunked reports that it faulted the N1.5tn Intervention in power sector by the Federal Government.
Reports earlier credited to the TCN at the virtual Power Dialogue in Abuja, said “the N1.5tn intervention of the Federal Government in the power sector is not reflecting in the current performance of the industry.”
However, TCN in a statement issued by its General Manager, Market Operations, Engineer Edmund Eje, said “It did not lay the blame for the failures of the Nigerian Electricity Supply Industry on the Distribution Companies (Discos.)”
TCN further said, “This is not the time for apportioning blames because the blame game is over. Synergy is what is required from all players in the power value chain. We must come together to build sustainable power supply services in the country.”
The statement said that any embarrassment caused to the Discos as “a result of this fabricated lie is highly regretted”, adding that such must have been orchestrated by mischief makers whose motive is to bring about a press war between the Discos and TCN.
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