• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, May 25, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Unbundle TCN to improve power performance, Experts urge government

TCN

The Matters Press by The Matters Press
January 8, 2024
Reading Time: 2 mins read
0
TCN upgrades Egbin Transmission Substation

Lagos, Jan. 8, 2024: Some power experts have said that unbundling of the Transmission Company of Nigeria (TCN) would lead to increased efficiency, performance and real stability of power in the country.

RELATED POSTS

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

The experts disclosed this in separate interviews on Monday in Lagos.

The Federal Government on Dec. 20, 2023 disclosed that TCN would be unbundled into two distinct entities.

Speaking, Dr Akinrolabu Olukayode, Chairman Customer Consultative forum EKEDC Festac/ Satellite District, said that the unbundling would potentially improve the overall performance and reliability of the power transmission system.

Olukayode said that the decision to unbundle TCN into two separate entities, the Independent System Operator (ISO) and the Transmission Service Provider (TSP), could have several potential benefits.

“By separating the responsibilities of managing the national power grid and delivering bulk electricity, it may lead to increased efficiency and specialisation in each area.

“The restructuring of TCN into ISO and TSP is intended to address the lingering challenges within TCN.

“The ISO will be responsible for managing the national power grid, while the TSP will focus on delivering bulk electricity.

“This separation of roles could potentially lead to better coordination, improved system management, and enhanced accountability.

“However, the success of this restructuring will depend on various factors, including effective implementation, adequate resources and proper oversight,” he said.

According to him, it is important to note that the effectiveness of these measures can only be determined over time as the restructuring process unfolds and its impact on the Nigerian electricity sector becomes evident.

He advised the government to work closely with stakeholders, including Discos, regulators, and consumer advocacy groups.

This, he said, was to develop and implement effective strategies to address the challenges and improve the overall performance of the power sector.

On system collapse and TCN’s weaknesses, Olukayode said the admission by the government that TCN was the weakest segment in the Nigerian Electricity Supply Industry (NESI), suggested that there had been significant challenges and issues with TCN’s operations.

He said that system collapses could have severe consequences, including power outages and disruptions to businesses and daily life.

He said that addressing these weaknesses was crucial for ensuring a stable and reliable power supply.

Also, Adetayo Adegbemle, the Executive Director, Initiatives for Electricity Rights (PowerUp Nigeria), said: “The Federal Government has said so many things, unbundling of TCN being one of them.

“What we have not seen is the proposal on how they want to go about it, a policy paper detailing its benefits as well.

“Seeing TCN as the weakest link in the power sector has been a perennial allegation.

“However, what such reasoning is not taking into consideration is the amount of investment that has gone into TCN in, at least, the last four years.

“Many of the projects, which was designed to increase the wheeling capacity of TCN, will start coming on stream during this year,” he added.

On removal of subsidy on electricity, Adegbemle, who agreed with the step, said that the government resources could not continue to support the subsidy.

He said that the subsidy, designed to benefit the vulnerable Nigerians, was no more benefiting the poor ones.

He added that the nation had kept sacrificing efficiency in the name of subsidy.

Tags: ElectricityTCN
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Court visits Patience Jonathan’s money palaver
Economy/Technology

Patience Jonathan’s endorsement of Tinubu’s re-election, significant, inspiring

May 20, 2025
Nigeria suspends mining in Zamfara
Economy/Technology

Revival of mining sector causes increase in licensing fees in Nigeria

May 19, 2025
Make cash accessible, remove obstacles —stakeholders plead
Economy/Technology

Nigeria’s fast-track of cash transfer to 15m vulnerable households laudable – TMSG

May 17, 2025
Next Post
Nigeria will upgrade N-Power Scheme, pay beneficiaries – Edu

Edu caught in corruption incurs Tinubu’s wrath

Myanmar central bank revokes licenses of 13 forex companies

MAN advises on operational civility in Forex probe

Recommended Stories

Vulnerable Nigerian farmers to get $1m grant

Enugu state pledges to sustain IFAD initiatives on agriculture

November 14, 2022
Nigeria gets AfDB’s $14m as member of ATI

Domestic resource mobilisation key to national development- AfDB

July 11, 2023
Trading in Nigerian stock market dips further N83bn

Stock market extends gain by 0.12%

January 5, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG
  • Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration
  • Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us