Wednesday, June 10, 2026
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-paper
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-paper
No Result
View All Result
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-paper
No Result
View All Result
Salient Times Online
No Result
View All Result
Home Business

FG spent N88bn on repair of vandalised facilities in four years – TCN

Salient Times Online by Salient Times Online
August 9, 2025
in Business
Reading Time: 2 mins read
0
FG spent N88bn on repair of vandalised facilities in four years – TCN
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

The Transmission Company of Nigeria (TCN) has revealed that the federal government has spent over N88 billion repairing and restoring power infrastructure vandalised across the country between 2021 and the present day.

Seyi Onabajo, TCN’s Principal Manager (Lines) for the Lagos Region, disclosed this during a one-day sensitisation programme held at the Odogunyan 132 kilovolt (kV) transmission substation in Ikorodu, Lagos.

You might also like

Senate Calls For Total Ban On Importation Of Textile Materials

FG Approves Payments To 1,240 Local Contractors, Clears Over ₦700bn Debt

Nigeria Among World’s Most Expensive Countries For Airline Operations, Says IATA

“We know what the company is losing,” Onabajo said. “All the money that we have contributed to the government that was supposed to be used for rebuilding this place, instead, we are using it for maintenance.

“Record has it that, between 2021 and the present date, the government has spent over N88 billion just on repairs against this vandalism, which is alarming.

“We all are clamouring for a 24/7 supply of light, that’s why we are also concerned about making sure that all communities are being lit up. If we are spending so much on repairs, how do we achieve the aim of TCN for the community?”

Onabajo urged community members to actively participate in safeguarding power infrastructure, calling on them to “join hands in rebuilding the mission to become a better place.” He described vandalism as a deliberate act carried out “just for self-gain”.

Speaking on the wider impact of such attacks, Mojeed Akintola, TCN’s General Manager in Lagos, stressed that vandalism causes significant delays and financial losses.

“Once a tower is vandalised, the downtime is always on the high side because you have to bring down the remaining one, then you start afresh. So, if you estimate that, it’s running to either two, three, or four months,” Akintola said.

ADVERTISEMENT

“When the one at Abeokuta was vandalised, apart from the alternative source that we did, which took us four days, the repair of the 10 towers vandalised took three months.

“On that particular line, TCN spent N1 million per day. If you now estimate that to three months, you know how much that will be.” Akintola appealed to members of the public, including security agencies and steel companies, to support TCN in curbing the vandalisation of critical power infrastructure

Tags: TCN
Previous Post

How I launched Myself Into Acting career – Prophet Baruwa Emmanuel Olatunde

Next Post

53,460 inmates awaiting trial – NCoS

Salient Times Online

Salient Times Online

Related Posts

Senate Calls For Total Ban On Importation Of Textile Materials
Business

Senate Calls For Total Ban On Importation Of Textile Materials

by Salient Times Online
June 10, 2026
FG Approves Payments To 1,240 Local Contractors, Clears Over ₦700bn Debt
Business

FG Approves Payments To 1,240 Local Contractors, Clears Over ₦700bn Debt

by Salient Times Online
June 9, 2026
Nigeria Among World’s Most Expensive Countries For Airline Operations, Says IATA
Business

Nigeria Among World’s Most Expensive Countries For Airline Operations, Says IATA

by Salient Times Online
June 9, 2026
Reps panel recovers N521m unremitted VAT from CBN
Business

Reps panel recovers N521m unremitted VAT from CBN

by Salient Times Online
June 7, 2026
Federal High Court Knocks N110bn SUV Deal for Lawmakers
Business

‘We’re not involved’ — FCCPC denies reports of airtime credit market overhaul

by Salient Times Online
June 8, 2026
Next Post
53,460 inmates awaiting trial – NCoS

53,460 inmates awaiting trial - NCoS

Salient Times Online © 2026. All Rights Reserved.

Published by Salient Times Media Services (RC: 2765133)
NUJ House, Iwe Irohin, Abeokuta, Ogun State, Nigeria.

Categories

  • Business
  • Celebrity Gist
  • Crime
  • Culture
  • Education
  • Entertainment
  • Fashion
  • Features
  • Food
  • Gist
  • Health
  • ICT
  • International
  • Interview
  • Lifestyle
  • Metro
  • National
  • News
  • Obituary
  • Opinion
  • Politics
  • Religion
  • Sponsored
  • Sports
  • Travel
  • World

Salient Times Online © 2026. All Rights Reserved. About Us | Contact Us | Privacy Policy | Home

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-paper

Salient Times Online © 2026. All Rights Reserved. About Us | Contact Us | Privacy Policy | Home