Nigeria: TCN to Spend Additional N1.4 Trillion in Four Years

19 July 2016

Abuja — The Transmission Company of Nigeria (TCN) plans to spend additional N1.36trillion within the next four years as capital funding to upgrade Nigeria's electricity transmission network, the Nigerian Electricity Regulatory Commission (NERC) has disclosed.

NERC said it approved N1.36trillion as capital expenditure for the years 2016 to 2020, and N287 billion for its operational expenses for TCN within the same period.

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