TCN’s $1.4bn Funding Lifts Power Grid as Transformer Capacity Rises to 8,500MVA

• Vandalism, ageing assets threaten sustainability

•Manpower, logistics funding remain major constraints

•FG: We’ve metered 60% active electricity consumers nationwide

Deji Elumoye and Emmanuel Addeh in Abuja

The Transmission Company of Nigeria (TCN) has expanded its transmission capacity through more than $1.4 billion in multilateral and development financing, with over 8,500 megavolt-amperes (MVA) of transformer capacity added to the national grid.