TCN calls for coordinated investment in electricity generation

The Transmission Company of Nigeria (TCN) has said Nigeria’s electricity sector requires coordinated investments across the power value chain.

The TCN Managing Director/Chief Executive Officer, Engineer Sule Abdulaziz, who stated this at the ongoing parliamentary/stakeholders’ engagement summit on power sector reforms in Lagos, called for urgent, collective action to tackle issues militating against stable power supply.

Represented by General Manager Transmission Services, Ali Sharifai, the TCN chief said vandalism and sabotage of transmission infrastructure will continue to disrupt power supply, increase repair costs and undermine investments in the sector.

He said, “Protecting electricity infrastructure requires stronger security measures, community cooperation and stricter legal deterrents. Persistent encroachment on transmission Rights-of-Way creates safety risks, hinders maintenance activities, and constrains future network expansion. This calls for coordinated action among federal, state, and local authorities, supported by a stronger legal framework.”

The TCN boss said long-term sustainability of the power sector depends on a financially viable electricity market, supported by cost-reflective tariffs, improved revenue collection, stronger payment discipline and a stable regulatory environment that encourages investment.

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He added that long-term sustainability of the sector depends on a financially viable electricity market, supported by cost-reflective tariffs, improved revenue collection, stronger payment discipline, and a stable regulatory environment that encourages investment.

He added, “Land acquisition and community engagement challenges continue to affect the timely delivery of transmission projects. Streamlined processes, fair compensation mechanisms, and structured stakeholder engagement would significantly accelerate infrastructure development.”