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Business News of Wednesday, 31 March 2021

Source: Naira Metrics

Just-in: Minister seeks FGs approval for TCN to procure power transformers

The Ministry of Power has presented a memo from the Transmission Company of Nigeria (TCN) for the procurement of power transformers to the Federal Executive Council on Wednesday.

This was disclosed by the Minister of Power, Salem Mamman via his Twitter handle on Wednesday.

He tweeted, “His Excellency Vice President @ProfOsinbajo is presiding over today’s v.FEC at the Council Chambers. The Hon. Min. of Power @EngrSMamman who is attending, shall be presenting a memo from the Transmission Company of Nigeria for the procurement of Power Transformers.”





What you should know

The FEC meeting is presided over by Vice President Yemi Osinbajo, as President Muhammadu Buhari is presently on a medical trip to the United Kingdom.

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