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DAILY BUSINESS NEWS BRIEF – FG secures $1.5bn fund for power transmission


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FG secures $1.5bn fund for power transmission
The Transmission Company of Nigeria (TCN) said it has secured $1.55 billion from multilateral agencies to revive some critical projects and expand the transmission grid.Interim Managing Director of TCN, Mr. Usman Gur Mohammed, disclosed this at the 18th Power Sector Stakeholders’ meeting in Kumboso, Kano State, on Monday.He noted that the intervention came from the World Bank, African Development Bank, Islamic Development Bank, European Union and JAICA.Read More…]

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