FG’s Plan To Privatize Transmission Company Of Nigeria Suffers Hard knock As NLC Frowns At Proposal

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Nigeria Labour Congress led by President Joe Ajaero has vehemently opposed the Federal Government’s plan to privatize the Transmission Company of Nigeria, citing concerns about worsening socio-economic conditions and endangering the power sector’s stability.

Authoritatively, 9News Nigeria reports that Labour has rejected the planned privatization of the Transmission Company of Nigeria, TCN, as announced by the Federal Government, warning that among others, it would worsen the socio-economic conditions of Nigerians.

Joe Ajaero, said the planned privatization portends great danger to the Power sector and holds great fear and trepidation for major stakeholders within the Power sector.

NLC 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.”

-Princely Onyenwe reporting

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About Princely Onyenwe 2450 Articles
Princely Onyenwe A seasoned Investigative Journalist, Civil Rights Activist, and Political Analyst, Currently Editor and News reporter with 9News Nigeria www.9newsng.com www.facebook.com/9newsng