• About
  • Advertise
  • Careers
  • Contact Us
Friday, July 4, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home News

Expect 24-hour Power Supply in Next 5 Years, TCN to Nigerians

by Adetunji Tobi
October 21, 2024
in News
0
Power
Engr. Sule Abdulaziz, the Managing Director of the Transmission Company of Nigeria (TCN).

Engr. Sule Abdulaziz, the Managing Director of the Transmission Company of Nigeria (TCN).

UBA
Advertisements

Engr. Sule Abdulaziz, the Managing Director of the Transmission Company of Nigeria (TCN), has expressed optimism that the nation will attain a 24-hour stable power supply within the next five years.

Abdulaziz made this statement on Sunday during an interview with Channels TV in Abuja, while responding to a question about when the country could generate between 20,000 and 25,000 megawatts (MW) needed for consistent power, he assured that this goal would be achieved in under five years.

“When do you think Nigeria can get that 25,000 or 20,000 megawatts of power on a 24-hour basis and consistently?” the interviewer asked. In response, Abdulaziz said: “You know you said whether we can get it in ten years. I’m telling you, we are going to get it in less than five years.

“The Minister they put in now is looking at what the problems are. He is not doing cosmetic shows. He is looking at what he will do to increase light in this country. That’s why I’m sure we are going to succeed.”

He further noted that some Nigerians are already experiencing a relatively stable power supply, emphasizing that many would agree there has been a noticeable improvement in the nation’s electricity sector.

Abdulaziz attributed this progress to the competence of the Minister of Power, Adebayo Adelabu, whose leadership has driven a steady increase in power generation and supply.

“If you ask Nigerians honestly, they all know there is improvement in power now that this regime came. From the time Adelabu took over till now, there has been a great improvement and this improvement is going to continue,” he said.

According to the managing director, electricity supply is still relatively cheaper in Nigeria compared to other countries. He mentioned countries such as Niger, Burkina Faso and Senegal as some of the places where citizens pay more for electricity than Nigerians.

“Nigerians are paying more because to produce electricity is not easy. You can see the exchange rate. “Yes, electricity is now expensive in Nigeria. But we are feeling it’s expensive because we are getting it at a cheaper price. If you go to other African countries like Niger, Burkina Faso, Senegal and others, still now Nigeria is cheaper, ” the TCN boss added.

Nigeria’s power sector faces multifaceted challenges, resulting in poor electricity supply in the country. Currently, the national grid generates about 4,500MW of electricity for over 200 million people.South Africa, a smaller country than Nigeria in terms of population, generates about 50,000MW of electricity to service about 59 million people.

Loading

Advertisements
MTN ADS

Author

  • Adetunji Tobi
    Adetunji Tobi

    Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

    View all posts
0Shares
Adetunji Tobi

Adetunji Tobi

Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

Next Post
Samsung Galaxy Z Fold Special Edition Launches in Korea: How Does It Compare to the Z Fold 6?

Samsung Galaxy Z Fold Special Edition Launches in Korea: How Does It Compare to the Z Fold 6?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Regulate Cybersecurity reporting

Why Reporting of Cybersecurity Attacks should be Regulated – Experts

2 years ago
Cardtonic Gift cards in Nigeria and Ghana

How to Buy Apple Gift Cards Online in Nigeria, Ghana

9 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    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
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.