Manitoba Hydro International (MHI), the Canadian company that has been handling management of the Transmission Company
of Nigeria (TCN), has handed over the management of the company to their
Nigerian counterpart.
This follows the expiration of MHI's contract at the
power transmission company.
In a statement signed by TCN's general
manager, Public Affairs, Seun Olagunju, the new management acknowledged the
contributions of MHI to the growth of the company and assured Nigerians that
all contracts and agreements entered into by TCN in the period remained valid
and all financial obligations from its development partners were still intact.
TCN further noted that during the four- year
MHI's management period, its Nigerian counterparts, who now constitute the new
management team, worked closely with the 8-man MHI team and were therefore well
equipped to properly administer the affairs of the company.
MHI Management Contractors won the bid to
manage TCN in April 2012, for an initial 3-year period, subject to renewal.
The
contract was signed on June 16, 2012, while MHI commenced work on July 1, 2012.
The three year contract expired in 2015 and was renewed for another one year up
to the end of July, 2016.
At a brief handover ceremony on Friday, the
deputy managing director of TCN, Dr. Abubakar T. Atiku, thanked the outgoing MHI
staff for their contributions to TCN during their stay and on behalf of the new
management team, affirmed TCN's preparedness to work with the Federal
Government of Nigeria to further strengthen and increase the capacity of the
nation's transmission grid.
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