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Rainstorm damages TCN transmission line, collapses tower on Ikeja West–Osogbo corridor

Business Pointer Admin2 weeks ago2 weeks ago02 mins

By Seun Ibiyemi The Transmission Company of Nigeria (TCN) has announced a force majeure on the Ikeja West–Osogbo 330kV transmission line following a severe rainstorm that struck on Thursday, April 16, 2026. In a statement issued by the General Manager, Public Affairs, Ndidi Mbah, the company disclosed that the transmission line tripped during the storm…

Power generation rises to 4,300MW as FG moves to sustain gains

Business Pointer Admin3 weeks ago3 weeks ago04 mins

By Seun Ibiyemi The Federal Government has announced an increase in electricity generation from 3,951 megawatts (MW) to 4,300MW between March 28 and April 10, attributing the improvement to enhanced gas supply to thermal power plants. The development was disclosed in a statement by Bolaji Tunji, Special Adviser to the Minister of Power on Strategic…