NLC provides fresh solution to blackout, rejects FG’s planned N6tn bailout

The Nigeria Labour Congress, NLC, has projected the merger of the Ministries of Petroleum and Power into the Ministry of Energy arsenic a viable solution to the country’s epileptic powerfulness supply.

This comes arsenic the workers’ national rejected the projected N6 trillion bailout to energy procreation and organisation companies by the Nigerian government.

NLC’s president, Joe Ajaero, made these positions known successful a connection astatine the play amid the lingering situation successful the country’s powerfulness sector.

According to him, nationalist funds should not beryllium utilized to subsidize failed backstage entities, referencing Gencos and Discos.

He said that the projected N6 trillion bailout to GenCos and Discos volition lone code the symptoms, not the existent occupation Nigeria’s powerfulness assemblage faces.

Ajaero said the failed privatization of the powerfulness assemblage successful Nigeria has proven that it is not the solution.

“Therefore, we are proposing a extremist structural intervention: the contiguous merger of the Federal Ministry of Petroleum and the Federal Ministry of Power to make a single, unified Ministry of Energy.

“By merging the ministries, we instrumentality the archetypal st...