Labour urges FG to scrap, reverse electricity privatisation exercise.
Written by News Room on May 2, 2022
Organised Labour in Nigeria has urged the Federal Government to scrap and reverse the electricity privatisation exercise in the country.
President, Nigeria Labour Congress (NLC), Mr Ayuba Wabba, made the call during the 2022 International Workers’ Day celebration on Sunday in Abuja.
Celebrating under the theme “Labour, Politics and the Quest for Good Governance and Development in Nigeria’’, the event was jointly organised by the NLC and the Trade Union Congress(TUC).
He called on the federal government to take advantage of the five-year review window provided in the Electricity Sector Privatization Reform Act, already overdue, demanding for a transparent investigation into the power sector privatisation programme.
Wabba also condemned the continued strive by some people in the corridors of power to concession the airports.
Also, on the deregulation of the downstream petroleum, Wabba noted that the only sustainable solution to this is the rehabilitation and optimisation of the local oil refineries and the building of new ones. He therefore called for the organisation of artisanal refineries and the regulate them.