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N28bn Approve for Power Projects by FEC.

by John Ojewale
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The Federal Executive Council (FEC), approved a total of N28bn for the power projects implemented by the Transmission Company of Nigeria on Wednesday.

The power projects include the “reconductoring” of at least 1,022 kilometers of lines on the national grid, costing N26.6bn. The second project involves the procurement of 20 Transformer ton analyzers which will cost N1.4bn.

The Minister of Power, Abubakar Aliyu, disclosed this while briefing State House correspondents after this week’s Federal Executive Council meeting presided over by the President, Major General Muhammadu Buhari (retd.), at the Aso Rock Villa, Abuja.

Aliyu said the reconductoring was necessary to avoid the sagging of transmission cables since the old ones are heavier, weaker, and now pose a hazard.

Read more about this here.

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