BUSINESS

TCN Labels FG’s 2 Months Free Electricity Mere Propaganda

The Transmission Company of Nigeria, TCN  has said that the two months free electricity promised to Nigerians by the Federal Government as part of palliatives for COVID-19 is nothing but a mere propaganda that cannot work.

The announcement by the power distribution companies that the Federal Government and the National Assembly would pay for the proposed two-month free electricity for customers has also been faulted by the TCN.

The Managing Director of the TCN, Usman Mohammed while reacting to the development in Abuja on Thursday said, “There is this information that went round that power is going to be free.

“I don’t know where that information came from.

“But I can tell you that there is nothing like power is going to be free because the Federal Government cannot make power free. The Federal Government does not own the power.”

READ ALSO: Discos Promise Nigerians 2 Months Free Electricity

Mohammed explained that the Federal Government only owns the TCN while the generation and distribution companies were largely owned by private investors.

He said, “In the electricity industry, apart from transmission, which is just the transporter, all the other chains do not belong to the Federal Government. So I cannot understand how somebody will concoct that information.”

Mohammed argued that those peddling the information were merely sharing propaganda that would not work.

He said, “But these are some of the people involved in propaganda who brand information that is very unnecessary, to be honest.

“I think at this stage what we need to do is to sustainably supply electricity and that is what we are doing.”

The TCN boss further stated that in the last two weeks that most parts of Nigeria had been on lockdown, operators in the power sector had worked and performed well.

However, the House of Representatives and electricity distribution companies has in a meeting on Thursday which was presided over by the Speaker of the House, Femi Gbajabiamila raised a joint committee on the proposed two months free power supply.

Gbajabiamila with the companies and other officials at the meeting disclosed that the joint panel would work out modalities for the proposed two months bill waiver for the most vulnerable people in the country.

 

Juliet Ekwebelam

 

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