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The year 2023 marked the tenth anniversary of the partial privatization of the power sector, where the Federal Government relinquished its 60% stakes in 11 electricity distribution companies and either sold or concessioned seven power generation plants. Despite this move toward privatization, electricity supply has remained inconsistent, leaving consumers...
Showing posts with label TCN. Show all posts
Showing posts with label TCN. Show all posts
Tuesday, January 2, 2024
Wednesday, December 13, 2023
The Nigerian government's proposal to privatize the state-owned power transmission company faces opposition from the labor sector.
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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...
