Nigeria on Monday signed a $23-million deal with a Canadian firm
aimed at overhauling power transmission in Africa’s most populous
nation, part of plans to improve its woeful electricity network.
Manitoba
Hydro International signed the management accord that will see it
reorganize the Transmission Company of Nigeria, with the aim of
eventually privatizing part of it, the firm said.
Capacity of 330/132KV line is 6,894MVA.This means Nigeria current
transmission network can't bear 7,000MW output from generation stations.(@budgITng)
The head of Nigeria’s Bureau of Public Enterprises, Bolanle Onagoruwa, told reporters the contract was worth $23-million.
Nigeria is Africa’s largest oil producer, but electricity blackouts occur daily.
President
Goodluck Jonathan has laid out plans to privatize electricity
production and distribution in the nation of some 160-million people.
The country’s electricity grid would remain state-owned, but privately
managed.
Electricity workers fearing layoffs have protested, including in recent days, over the planned overhaul.
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