The Transmission Company of Nigeria (TCN) has given the approval nod to the proposed construction of a power transmission substation in Osun State by the state government.
In a letter addressed to the government, titled: ‘Re: Request for Permit to Construct Transmission Line and Substation at Proposed Dagbolu International Market, Dagbolu, Osun’, the TCN said it had approved the infrastructure which is to be located in Dagbolu area of the state.
The General Manager (Design and Standard) TCN, Mr. Ademola Afolabi who signed the letter dated April 11, 2016 stated that with the construction of a power station, Osun would be in strategic economic position as another commercial hub in the Southwest.
The approval came without a cost to the state.
TCN noted that the Bill of Engineering Measurement and Evaluation (BEME) document submitted by the state was found to be in conformity with TCN’s standard bidding document, which facilitated the subsequent approval.
The letter stated that the location of national grid in Osogbo and the approval of new power transmission would attract investors to the state and create employment opportunities.
The approval letter reads in part: “With this and lucky presence of the only national grid in Osogbo, the state can attract industries, especially heavy industries such as steel, chemical, paints, etc.
“The beauty of such heavy industries’ localisation is that they are heavy employers of labour and high contributors to the internally generated revenue of the state.
“The Dagbolu, Osun hub is adjacent to the rail line and such location, therefore, reduces the cost of production associated with energy and transportation,” the letter stated.