The Nigerian government's proposal to privatize the state-owned power transmission company faces opposition from the labor sector.

 

The Nigerian Labour Congress (NLC) has vehemently opposed the proposed privatization of the Transmission Company of Nigeria (TCN), expressing concerns over the potential negative impact on the socio-economic conditions of Nigerians. The rejection comes in response to the Federal Government's recent announcement regarding the sale of the state-owned company.

President of NLC, Joe Ajaero, emphasized the perilous consequences the planned privatization could have on the power sector, instilling significant fear and apprehension among major stakeholders. Ajaero highlighted the dangers involved and cautioned that this move could adversely affect the state's ability to control, regulate, and ensure the safety of the nation's grid system at all times.

In light of these concerns, NLC issued a call to action, urging all Nigerians to unite against the privatization proposal, emphasizing that it is crucial for safeguarding the interests of future generations. The labor union stands firm in its stance that the sale of TCN poses a threat to the nation's grid system and could have far-reaching implications on the overall stability of the power sector.