Nigeria: NLC rejects N6trn bailout, demands energy sector reform — Africa Links 24

The Nigeria Labour Congress, NLC, has rejected the proposed N6 trillion bailout for power generation companies, saying repeated financial interventions have not improved electricity supply nationwide.

The NLC President, Joe Ajaero, who said this in a statement on Sunday in Abuja, called for urgent structural reforms in the energy sector.

“The proposed N6 trillion bailout is a mere symptom of deeper structural failures in the power sector, and repeated financial interventions have not…