Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: TCN secures $1.4bn from partners for grid expansion
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » TCN secures $1.4bn from partners for grid expansion
Energy

TCN secures $1.4bn from partners for grid expansion

Taofeek Lawal
August 31, 2026
Share
TCN stakeholders TCN LOGO TCN logo vandalism of power infrastructure Transmission Company of Nigeria TCN on threat to power supply TCN says Electricity transmission flow, TCN logo, TCN restores electricity to North-East
Add as a preferred source

THE Transmission Company of Nigeria (TCN) has secured about $1.4 billion funding from multilateral development agencies.

The agencies include as the World Bank, African Development Bank (AfDB), Japan International Cooperation Agency (JICA), Agence Française de Development (AFD) and others for national grid expansion.

Consequently, this resulted in TCN’s 8,700MW current transmission wheeling capacity, the record peak transmission of 5,801.84MW achieved in March 2025 as well as the addition of more than 8,500 megavolt-amperes (MVA) in transformer capacity all aimed at supporting infrastructure development.

Executive Director, Transmission Service Provider (TSP), TCN, Engineer Oluwagbenga Ajiboye, stated this at a media workshop organised for energy correspondents in Keffi, Nasarawa State, themed “Assessing the Impact and Challenges of Transmission Network in Nigeria”.

He said the company had recorded measurable investments, project deliveries and operational improvements as part of efforts to make the transmission network more resilient and capable of supporting increased electricity supply.

Delivering a paper titled “TCN Milestones and Challenges in Nigeria’s Power Sector”, Ajiboye said the workshop provided a platform for stakeholders and the media to examine developments, achievements and persistent challenges within the electricity transmission sector.

He added that the revenue generated by the company and the development agencies’ funds are being channeled to the rehabilitation of ageing infrastructure with the commissioning of 89 new power transformers resulting in TCN’s capacity to deliver bulk electricity and major 330kV transmission network projects had improved evacuation routes, flexibility and resilience.

READ ALSO: TCN, NISO deepen synergy to drive power sector

Ajiboye called for special courts or designation of magistrates to handle cases of energy infrastructure sabotage, saying the measure would aid speedy trials and convictions to reduce rising vandalism of transmission assets to the barest minimum.

He said several transmission towers across the North-Central, North-West and South-East had been vandalised in the last 12 months, with conductors, tower members and bolts removed and carted away by vandals who even when caught, are easily left off the hook, despite the gravity of offences committed which is threatening electricity transmission in the country.

He also appealed to the Federal Government to introduce stiffer penalties for vandalism of transmission assets, saying the TCN has continuously engaged the Office of the National Security Adviser (NSA) and the Ministry of Justice on the need for a special framework for prosecuting power infrastructure crimes.

“The police only charge suspects for theft and the court will release them by the following day. There are no laid-down consequences specified for vandalism of transmission towers and lines. That is why the act continues.

When someone destroys a 330kV tower that supplies power to five states and the only charge is theft of scrap metal, then released on bail the next day, what deterrence exists? We cannot continue to invest billions in rebuilding towers only for them to be pulled down again because the legal system treats it as petty crime,” the ED lamented.


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


TAGGED:gridpartnersTCN
Previous Article national peace on abducted corps members on the insecurity on Religious leaders Rising cost of transportation Dotun Oladipo’s death AI to solve problems Adegbayi–Ajia road Acquiring vocational skills legacy of Lekan Alabi the ballot Risikat Jimoh on Yawota military on Oriire kidnap Government and flood asthma awareness Oriire school victims hard work in education kidnapping of Children Children’s dreams NELFUND’s operational processes on Child abuse Cyberbullying in society Looting of public funds power supply road safety in Ibadan insecurity in Ibadan President Donald Trump for Nigerian politicians Arewa and at Teaching Hospital of drug gunmen in Zamfara with promises local government roads Muhammadu Sanusi II for South-West governors Illicit drugs attack on Governor Bala sale of Magama Gumau market square US and terrorists ICPC on Nigeria’s public sector Bauchi’s 10,000 workers recruitment licences of online banks negative effect of ASUU strike Owode Academy-Ayegun road Osogbo–Ilesa Road in Osun of poor homes Effects of food prices war against Nigeria’s forests Maiduguri residents Govt should empower students Need to rescue Nigerian artists from A plea for the completion of Adegbayi–Ajia road
Next Article petrol imports Nigeria splashes N12trn on petroleum products in one year — NBS Experts warn FG against rebound in petrol imports

Most Read

  • How I graduated with 5.00 CGPA — UNILORIN best graduating student
    How I graduated with 5.00 CGPA — UNILORIN best graduating student
  • Sunday Igboho launches Iru Ekun in Oyo
    Sunday Igboho launches Iru Ekun in Oyo
  • Peter Obi and his Igbo backers
    Peter Obi and his Igbo backers
  • 4 tactics fuel attendants use to give customers less fuel
    4 tactics fuel attendants use to give customers less fuel
  • Dominion University graduates told to seek more knowledge to keep up with global changes
    Dominion University graduates told to seek more knowledge to keep up with global changes
  • JUST IN: US singer, Chris Brown, sentenced to prison
    JUST IN: US singer, Chris Brown, sentenced to prison
  • Uche Ogbodo urges women to walk away from marriages that no longer work
    Uche Ogbodo urges women to walk away from marriages that no longer work
  • ‘Hard to miss’: Trump compliments Nicki Minaj’s ‘beautiful’ backside
    ‘Hard to miss’: Trump compliments Nicki Minaj’s ‘beautiful’ backside
  • The musketeers of Lagos-Ibadan press
    The musketeers of Lagos-Ibadan press
  • ‘Ministers paid billions to get appointment’
    ‘Ministers paid billions to get appointment’

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?