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Nigeria Launches New Investment Plan for Power Grid Stability

Nigeria Launches New Investment Plan for Power Grid Stability

The Federal Government of Nigeria has unveiled a fresh investment plan to stabilize the national grid, addressing issues of recurring collapses and voltage fluctuations. Minister of Power Joseph Tegbe stated that the Ministry is transitioning from short-term solutions to a comprehensive overhaul of the transmission network, asserting that grid stability is essential for any advancements in power generation and distribution.

A Technical Working Committee on Grid Stabilisation has been established to tackle transmission bottlenecks, outdated infrastructure, and frequent system failures. This committee will collaborate with the Transmission Company of Nigeria (TCN) and the Nigerian Independent System Operator (NISO) to identify key intervention points.

Tegbe acknowledged the existing trust deficit among Nigerians and committed to accountability through measurable milestones. The investment will focus on enhancing critical transmission corridors, increasing grid redundancy, and modernizing control systems to mitigate outages.

The initiative aims to restore public confidence in the power sector and will include regular updates to stakeholders.

Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.

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