Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC) says corrupt contractors who use sub-standard equipment...
November 12, 2024 9:43 pmOla Olukoyede, chairman of the Economic and Financial Crimes Commission , says corrupt contractors who used substandard equipment are responsible for the frequent collapse of the national grid.The Transmission Company of Nigeria blamed a series of lines and generator tripping as the reason for the instability of the grid.the frequent system failure of the national grid was inevitable due to the outdated infrastructure.
“People who were awarded contracts to supply electricity equipment, instead of using what they call 9.0 guage, they will go and buy 5.0.“Every time you see the thing tripping off, the thing gets burnt, and all of that, it falters and it collapses. It’s part of our problems.” “In the past one year, we have had cause to establish a new directorate called fraud risk assessment and control ,” he said.
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