ELECTRICITY IS NOT GOING TO BE FREE - TCN
The Transmission company of Nigeria has said that the recent announcement to give Nigerians two months free electricity as part of palliatives for COVID-19 is mere propaganda and it can't work.
The TCN faulted the announcement by power distribution companies that the Federal Government and the National Assembly would pay for the proposed two months free electricity for customers.
Discos disclosed this through their umbrella body, the Association of Nigerian Electricity Distributors.
Responding to the development in Abuja yesterday, TCN'S Managing Director, Usman Mohammed, said, "There is this information that went round that power is going to be free."
"I don't know where that information came from."
"But I can tell you that there is nothing like power is going to be free because the Federal Government cannot make free power. The Federal Government does not own the power."
The Director revealed the the Federal Government only owns the TCN while the generation and distribution companies were largely owned by private investors.
He said, "In the electricity industry, apart from transmission, which is just the transporter, all the other chains do not belong to the Federal Government. So I cannot understand how somebody will concoct that information."
He went further and said," I think at this stage what we need to do is to sustainably supply electricity and that is what we are doing."
The TCN Boss said in the last two weeks, most parts of Nigeria had been on lockdown, operators in the power sector had worked and preformed well.
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