The company currently has an on-grid licence for 685MW but generates 191MW of electricity.
Few sectors have shaped Nigeria’s economic fortunes as profoundly as the electric power sector. Yet, few have also generated as much disappointment.
Having served as Executive Director (Finance & Accounts) of the Transmission Company of Nigeria (TCN) between 2013 and 2017, following my appointment by the federal government during the landmark power sector reforms, I had a front-row seat to the opportunities and constraints of Nigeria’s electricity market. Since leaving office, I have continued to write extensively, grant television interviews, and engage policymakers on practical solutions to the challenges confronting the sector. My articles, including The Solutions to Nigeria’s Electric Power Challenge (2019), Preventive Fire Outbreaks in the Transmission Company of Nigeria (2023), The Need to Concede or Privatise the Transmission Company of Nigeria (2023), and A Decade After Power Sector Privatisation: Lessons for Nigeria’s Electricity Market (2025), have consistently argued that Nigeria’s power crisis is fundamentally a governance, investment and technology challenge rather than merely an engineering problem.
