Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    MTN Nigeria Slides as Investors Sell Interim Dividend

    August 17, 2026

    Naira Approaches 2026 Estimated Fair Value as Rally Extends

    August 17, 2026

    Airtel Africa Gains 178%, Analysts Differ on Target Price Ahead of IPO

    August 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • MTN Nigeria Slides as Investors Sell Interim Dividend
    • Naira Approaches 2026 Estimated Fair Value as Rally Extends
    • Airtel Africa Gains 178%, Analysts Differ on Target Price Ahead of IPO
    • Money Market Rates Tighten as OMO, T-Bills Debits Drag Liquidity
    • Ekiti State Gov. Oyebanji Congratulates Adeleke on Re-Election
    • Botswana Inflation Declines to 9.4% in July 2026
    • Tinubu Urges Nigerians in Diaspora to Invest in Domestic Economy
    • Fitch Upgrades Congo’s Credit Rating, Cites Easing Refinancing Risks
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, August 17
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketNews » Vandals Destroy 2 Transmission Towers in Yenagoa- TCN

    Vandals Destroy 2 Transmission Towers in Yenagoa- TCN

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 2, 2024 MarketNews No Comments2 Mins Read
    Vandals Destroy 2 Transmission Towers in Yenagoa- TCN
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Vandals Destroy 2 Transmission Towers in Yenagoa- TCN

    The Transmission Company of Nigeri (TCN) says two transmission towers, T98 and T99 along the Ahoada/Yenagoa 132kV line in the Igbooghene community of Bayelsa were destroyed by vandals. TCN’s General Manager Public Affairs Mrs Ndidi Mbah, made this known in a statement in Abuja on Friday.

    Mbah said that the  incident caused the collapse of both towers, cutting off power supply to Bayelsa including TCN’s Yenagoa Sub-station and the Gbarain Power Station. TCN said that presently, Yenagoa Metropolis and the entire Bayelsa  are still without power supply.

    The company said engineers led by Mr Emmanuel Akpa, General Manager Transmission, Port Harcourt Region,  Emmanuel  accompanied by operatives of the Department of State Services  have inspected the site of the destroyed towers.

    ”Plans are already ongoing to mobilise a contractor on an emergency basis to reconstruct the collapsed towers. This follows an incident on June 16, where an individual was caught destroying tower T238  along the Owerri/Ahoada 132kV double circuit transmission lines.

    ”Another act of vandalism occurred on June 10, at the Ahoada Transmission Substation,”the company said,

    The company urged the public to help in the  ongoing fight against the vandalism of power infrastructure nationwide.

    TCN said it will continue to collaborate with security operatives and host communities including the DSS and Civil Defence Corps to combat the menace.

    ”Meanwhile, we are interfacing with stakeholders including security operatives in Yenagoa to put in place other initiatives geared towards helping TCN curtail the menace within the State.

    ”As we continue to work towards a robust grid, it is pertinent to note that a nation’s power sector cannot grow efficiently if funds intended for infrastructural expansion are repeatedly used to replace vandalised equipment,” TCN said. Coy Moves to Increase FX, Attract Non-Oil Investments

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria Nigerian Stock Exchange
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    MTN Nigeria Slides as Investors Sell Interim Dividend

    Naira Approaches 2026 Estimated Fair Value as Rally Extends

    Airtel Africa Gains 178%, Analysts Differ on Target Price Ahead of IPO

    Money Market Rates Tighten as OMO, T-Bills Debits Drag Liquidity

    Ekiti State Gov. Oyebanji Congratulates Adeleke on Re-Election

    Botswana Inflation Declines to 9.4% in July 2026

    Add A Comment

    Comments are closed.

    Editors Picks

    MTN Nigeria Slides as Investors Sell Interim Dividend

    August 17, 2026

    Naira Approaches 2026 Estimated Fair Value as Rally Extends

    August 17, 2026

    Airtel Africa Gains 178%, Analysts Differ on Target Price Ahead of IPO

    August 17, 2026

    Money Market Rates Tighten as OMO, T-Bills Debits Drag Liquidity

    August 16, 2026

    Ekiti State Gov. Oyebanji Congratulates Adeleke on Re-Election

    August 16, 2026
    Latest Posts

    MTN Nigeria Slides as Investors Sell Interim Dividend

    August 17, 2026

    Naira Approaches 2026 Estimated Fair Value as Rally Extends

    August 17, 2026

    Airtel Africa Gains 178%, Analysts Differ on Target Price Ahead of IPO

    August 17, 2026

    Money Market Rates Tighten as OMO, T-Bills Debits Drag Liquidity

    August 16, 2026

    Ekiti State Gov. Oyebanji Congratulates Adeleke on Re-Election

    August 16, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.