The Federal Executive Council has approved the sum of $61.5 million and another N16.133 billion for the procurement of transmission line materials and award of contracts for sub-stations in some parts of the country.
Minister of Power, Abubakar Aliyu, announced this while briefing State House correspondents at the end of the Council meeting presided over by Vice President Yemi Osinbajo.
The Minister stated that $6 million dollars and the onshore component of N145 million inclusive of all the taxes were for the procurement of transmission line materials for reconductoring works for the Transmission Company of Nigeria, TCN.
