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TCN pledges improved power supply

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The Managing Director of the Transmission Company of Nigeria (TCN), Sule Abdulaziz, has pledged to improve bulk power delivery, making it more viable, reliable, and beneficial for Nigerians.

Mr Abdulaziz, who made the pledge in a statement by Ndidi Mbah, TCN’S general manager, public affairs, said that he would also make the transmission network more reliable.

He spoke at the first town hall meeting with TCN staff following his reappointment by President Bola Tinubu to a second five-year term.

He described his reappointment as a call to greater responsibility, as it is directly aligned with the directive and vision of Tinubu under the Renewed Hope Agenda for the power sector.

”That agenda is clear, to implement practical, measurable, and sustainable reforms that will significantly improve power delivery and ensure that the electricity sector becomes viable, reliable, and beneficial to all Nigerians,” he said.

He further said that Nigeria’s transmission network had made measurable, verifiable progress over the past decade.

Mr Abdulaziz added that grid wheeling capacity had increased from about 5,000 megawatts in 2015 to over 8,700 megawatts.

According to him, this expansion has been driven by sustained investments in transmission infrastructure, including the addition of multiple power transformers and the completion of several 330 Kilovolt (kV) and 132 kV projects across the country.

He said that, despite frequent public criticism, TCN had one of the most technically skilled workforces in the power sector, as evidenced by the results it has achieved.

The TCN boss said that, through major donor-funded programmes, including the World Bank Transmission Rehabilitation and Expansion Programme and the African Development Bank transmission projects, the company has significantly strengthened grid capacity across several regions.

He added that the feat was achieved through collaborations with the Japan International Cooperation Agency and the Agence Française de Développement,

”TCN has installed over 82 transformers in 23 months. Notably, 15 units of 300 megavolt-ampere power transformers were deployed across several transmission stations.

”These include Akangba, Lekki, Alagbon, Ikeja West, Osogbo, Ganmo, Jos, Gombe, Kumbotso, Asaba, Oke Aro, Benin, Alaoji, and Katampe, within the second half of 2025 alone.

“We have also successfully inaugurated multiple high-capacity transformers across substations such as Ajah, Egbin, Enugu, Onitsha, Gombe, Kano, Abuja, Jos, and Benin, strengthening transmission capacity and improving grid reliability,” he said.

According to him, the TCN has also improved grid stability through targeted interventions, the rehabilitation of ageing infrastructure, and enhanced maintenance practices.

Mr Abdulaziz said that the company’s protection systems had been strengthened, system disturbances had been reduced, and operational coordination across regions had improved significantly.

He also took the opportunity to commend the management team, union leadership, and staff members for their support, dedication, and collaboration in positioning TCN as a leading transmission company.

He said that the achievements recorded by TCN were not accidental but the result of hard work, dedication, and resilience among staff.

“In this new phase, we intend to go a step further. Our goal is simple: to work together as partners in driving the growth, stability, and success of this company.

”Infrastructure growth must now translate into what matters most to Nigerians: stable, reliable, and consistent bulk supply of electricity that will be delivered to distribution load centres for onward delivery to their customers,” he said.

Earlier, in her welcome address, Mrs Abiodun Fadahunsi, executive director of human resources and corporate services at TCN, said that the meeting was a platform for management to openly engage and share ideas with staff members.

Mrs Fadahunsi said that the initiative reflected management’s commitment to transparency, inclusiveness, and continuous improvement.

“In a critical sector such as power transmission, it is important for the members of staff to remain aligned, informed, and connected to enable them to work as a team to meet evolving industry demands,” she said.

According to her, every employee has a crucial role to play in the company’s success.

Also speaking, the Executive Director, Transmission Service Provider (TSP), Mr Olugbenga Ajiboye, reiterated the need for commitment of all TCN staffers to ensure the administration’s success,

The Executive Director of Finance and Accounts, Mr Chuks Ochije, assured that the management would continue to do everything within its power to ensure workers’ benefits are paid promptly.

(NAN)

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Nigeria secures 449,000 metric tonnes of fertiliser inputs to boost food security

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President Bola Tinubu has announced that Nigeria has secured more than 449,000 metric tonnes of fertiliser inputs—equivalent to about nine million bags—to support agricultural production and strengthen food security across the country.

The president disclosed this in a statement posted on his official X account on Thursday, describing the development as part of broader measures by his administration to fulfil its commitment to making Nigeria food-secure.

“As of May 2026, more than 449,000 metric tonnes of fertiliser inputs, equivalent to about nine million bags, had been secured, with 10 vessels discharged or in transit,” Mr Tinubu said.

He recalled that upon assuming office, his administration identified food security as a central pillar of its Renewed Hope Agenda.

“We promised to support our farmers, strengthen local production, reduce dependence on imports, and build an agricultural system strong enough to withstand shocks from beyond our borders.

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“That promise is being kept,” he said.

Fertiliser procurement challenges

Nigeria has long struggled with fertiliser procurement due to rising raw material costs, supply chain bottlenecks, and product diversion, challenges that have limited access for smallholder farmers who account for a significant share of domestic food production.

To address these concerns, the administration of former President Muhammadu Buhari entered strategic partnerships with Morocco in 2016 and Russia in 2019 under the Presidential Fertiliser Initiative (PFI), managed by the Nigeria Sovereign Investment Authority (NSIA).

The initiative began with a Memorandum of Understanding aimed at reviving dormant fertiliser blending plants and importing discounted phosphate from Morocco. In 2021, the partnership expanded into a $1.3 billion basic chemicals platform designed to support local production of ammonia and fertilisers.

The arrangement increased the supply of raw materials to blending plants, boosted domestic production capacity and reduced fertiliser costs. However, challenges, including diversion and sabotage within parts of the value chain continued to limit access for farmers.

Experts have linked inadequate fertiliser availability to declining agricultural yields, rising food prices and worsening food insecurity.

Nigeria’s food system has come under increasing pressure in recent years due to recurrent flooding, insecurity in farming communities, rising transportation costs following fuel subsidy removal, and broader structural challenges.

According to the United Nations World Food Programme (WFP), about 35 million Nigerians are projected to experience acute food insecurity during the 2026 lean season.

Global disruptions

Mr Tinubu said disruptions in global supply chains and rising costs of key fertiliser inputs, worsened by conflict in the Middle East, posed significant risks to countries dependent on imported raw materials.

For Nigeria, he said, the potential consequences included fertiliser shortages, higher input costs, reduced productivity and increased food prices.

“I am pleased to inform you that we moved early,” the president said.

He explained that through the Presidential Fertiliser Initiative, now restructured under the Ministry of Finance Incorporated (MOFI), the government strengthened procurement systems, secured critical raw materials, signed forward contracts and improved coordination across the fertiliser value chain.

According to him, these measures helped shield Nigeria’s fertiliser blending industry from the worst effects of global market disruptions.

Mr Tinubu said the government remains on course to deliver a 1.1 million metric tonne fertiliser programme in 2026, equivalent to about 22 million bags.

He added that strategic contracting for key inputs generated savings of N61.58 billion in 2026 alone, helping to keep fertiliser prices relatively affordable for farmers.

Supporting farmers

The president noted that Nigeria currently has more than 90 operational fertiliser blending plants, giving the country the largest blending capacity in Sub-Saharan Africa.

“This capacity means jobs, local production, industrial growth and greater resilience for our food system,” he said.

Mr Tinubu stressed, however, that securing fertiliser inputs and maintaining production capacity would only be meaningful if the products reach farmers on time.

To address this, he said the government launched the Renewed Hope Farm Input Support Programme (RH-FISP) through the National Agricultural Development Fund (NADF).

READ ALSO: Tinubu speaks on power sector challenges, pledges reforms

Under the programme, 515,720 bags of locally produced fertiliser are being distributed to 128,930 smallholder farmers across 25 states and the Federal Capital Territory during the current planting season.

The NADF is also supporting modern agricultural practices through digital extension services, harmonised fertiliser application guidance and targeted interventions for priority crops such as rice, maize, cassava and soybean.

“Our administration will not relent in its efforts to protect farmers, raise productivity, strengthen the agricultural value chain, support local industry and ease pressure on food prices over time,” Mr Tinubu said.

“This is the meaning of promise made, promise kept. We will continue to take practical steps to strengthen Nigerian agriculture and protect food security for every Nigerian.”


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Senate Clears Customs of ₦62.2BN Under-remittance Allegation

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BY JAMES OBIOMA—The Senate Public Accounts Committee (SPAC) has officially cleared the Nigeria Customs Service (NCS) of a N62.2 billion under-remittance allegation originally raised by the Office of the Auditor-General of the Federation in its 2019 audit report.

The clearance followed an investigative session on Tuesday, 16 June 2026, during which the Comptroller-General of Customs, Adewale Adeniyi, successfully defended the Service by proving that the alleged shortfall was a misclassification of revenue by auditors.

The original query, read by a representative of the Auditor-General under the direction of SPAC Chairman, Senator Ibrahim Dankwambo, had alleged that out of N691.242 billion generated by Customs in 2017, only N629.23 billion reached the Federation Account, leaving a balance of N62.2 billion.

Defending the Service’s financial integrity, CG Adeniyi explained that the multi-billion naira deficit was completely non-existent.

“The under-remittance of N62.2 billion levelled against Customs in the 2019 audit report was wrongly arrived at through misclassification of levies collected,” Adeniyi stated. “While most of the levies are to be collected and remitted into the federation account, others like the ones on local production of wheat, textiles and wines, etc do not go into the federation account, the totality of which accounted for the alleged unremitted N62.2 billion.”

Following identical, convincing clarifications on the first three major queries, a member of the committee, Senator Babangida Hussaini, wondered why the issues had not been ironed out sooner. He noted that as a former civil servant, such straightforward technicalities should have been resolved at the preliminary audit level rather than escalating to a full Senate investigation.

The post Senate Clears Customs of ₦62.2BN Under-remittance Allegation appeared first on Business Today NG.

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