The Transmission Company of Nigeria (TCN) has explained why Nigeria continues to export electricity to neighboring countries amid shortage in national supply.
The agency stated that the deal provides avenue to earn more foreign exchange for national development.
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The Managing Director of TCN, Sule Abdulaziz, who disclosed this at the Nigerian Power Consumers Forum, confirmed that, “Nigeria, through TCN, had been exporting electricity to Niger, Benin and Togo under a country-to-country arrangement.”
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Abdulaziz, was quoted in a statement issued after the event by Lead, Advocacy Team, Nigerian Power Consumers Forum, Malam Yusuf Bako. Abdulaziz, who is also the Chairman, Executive Board of West African Power Pool (WAPP), said the regional market would further enable generation companies (GenCos) to export power to more West African countries, which will be evacuated by TCN transmission infrastructure.
He said that through this exportation of power, the Federal Government could earn more foreign exchange for national development.
