NLC Rejects Tinubu's Planned Sale of Transmission Company of Nigeria, Gives Reason

NLC Rejects Tinubu's Planned Sale of Transmission Company of Nigeria, Gives Reason

  • Organised labour has dragged Tinubu's government over its decision to privatise the power sector
  • NLC president, Joe Ajaero said the decision to sell the country's Transmission Company, will lead to great danger to the economy and the major stakeholders involved
  • Meanwhile, Tinubu's government noted that it was unbundling the TCN in line with the Electricity Act

Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements

The leadership of the Nigeria Labour Congress (NLC) has frowned against the recent move of President Bola Ahmed Tinubu's led federal government.

NLC, Tinubu, power sector, TCN, FG
Labour fumes over planned sale of TCN. Photo credit: NLC, Asiwaju Bola Ahmed Tinubu
Source: Facebook

Organised labour has rejected the planned privatization of the Transmission Company of Nigeria (TCN) as announced by the federal government.

Vanguard reported on Wednesday, December 13, that NLC warned that among others, it would worsen the socio-economic conditions of Nigerians.

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The president of NLC, Joe Ajaero, disclosed that the planned privatization portends grave danger to Nigeria's power sector and holds great fear and trepidation for major stakeholders within the sector.

NLC, therefore called on all Nigerians to rise against it in the interest of future generations, arguing that “It imperils the ability of the state to control, regulate and guarantee the safety of the nation’s grid system at all times, The Punch reported.

Labour made this known in a statement issued on Wednesday, titled “Intended power sector policies: Same mistake, defender consequences betraying hopes of Nigerians”.

Part of the statement reads:

“The disaster that will befall the nation’s power sector would be multidimensional. The quest to ultimately hand over the Transmission infrastructure would expose the nation to blackmails and weaken the ability of the sector to transmit and distribute power around the country."

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Tension rises as FG stops payment of N35,000 wage award, NLC threatens strike

In another development, Legit.ng reported that workers in the Federal Civil Service have expressed dissatisfaction as the government, led by President Bola Ahmed Tinubu, reportedly failed to continue the payment of the N35,000 wage award, which was initially introduced in response to the removal of the fuel subsidy.

The wage award agreed upon in May 2023 was only paid for September, leading to growing discontent among civil servants.

Reacting, the head of information at the Nigeria Labour Congress (NLC), Benson Upah, in an interview on Monday, December 11, said: “This betrays the government’s dishonorable intentions and is completely unacceptable.”

FG begins payment of workers' withheld salaries

Earlier, Legit.ng reported that the federal government had commenced the payment of the November salaries of civil servants.

The workers whose salaries were initially withheld by the FG due to technical glitches and discrepancies on the Integrated Payroll and Personnel Information System (IPPIS) platform started receiving credit alerts of November salaries.

Source: Legit.ng

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