The Transmission Company of Nigeria (TCN) Managing Director, Mr. Usman Gur Mohammed, has revealed that the company has stopped paying rent on its land at the National Control Center (NCC), Oshogbo in Osun State.
He recalled that the government had paid rent on it for 50 years but at the point of planning to install a SCADA in the center, it realised that it was inappropriate to install it in a rented property.
He spoke at the Market Operator’s Participants Key Stakeholders 2019 3rd Quarter Interactive Forum in Abuja.
While deciding to relocate the center, the TCN was told that the property on which it has paid rent in error for 50 years belonged to the federal government.
This has culminated in the stoppage of further payments of rent on the property.
He did not however disclose whether the government has plans to recover the fund from the private individuals that fraudulently collected its rent for five decades.
Mohammed said “For your information, for several years we have been operating our National Control Centre, Osogbo, the land we use is a rented land.
“We had been paying rent on that land for over 50 years. I am happy to announce that that land belongs to us and we are not paying rent again.”