Dilapidated infrastructure, insufficient gas supply and inadequate funding are the major challenges that the Transmission Company of Nigeria, TCN, says are hindering the growth of the power sector.
Engr. (Dr) Atiku Abubakar, MD TCN, disclosed this at a meeting with the House of Representatives Committee on Power, the management of Eko Electricity Distribution Company (EKEDC) customers of the distribution company in Lagos last week.
He further revealed that more than 130 projects in the power sector had been stalled since 2012 due to these challenges. He decried the consistent omission of TCN projects from the yearly budgets of the government over the past few years.
Atiku argued that the system is susceptible to collapse whenever generation is below 3,000MW, hence the TCN inability to guarantee supply not enough to save the system from collapse whenever it dropped to 3000MW.
He insisted that the transmission network has a capacity to wheel 7,000MW, stressing that gas shortages made it difficult for generation to improve.
“Generation is about 3,000 to 3,200MW because of the issue of gas. As at yesterday, only one unit was generating 170MW at Egbin Power Station. Once we are generating below 3,000MW, nobody can guarantee system stability,” Atiku explained.
According to him, the government needs to turn the challenges to opportunities, to spur growth in the sector.