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Okechukwu Nnodim, Abuja
The about N1.5tn intervention of the Federal Government in the power sector is not reflecting in the current performance of the industry, the Transmission Company of Nigeria said on Thursday.
According to TCN, the intervention was done to boost the performance of operators in the power value chain but this had yet to improve the outputs of players in the space.
The General Manager, Market Operations, TCN, Edmund Eje, explained that one of the major reasons for this was the non-compliance in efficient payment of invoices issued distribution companies as this had created a huge market gap.