The Nigeria Labour Congress has rejected the proposed N6 trillion bailout for electricity generation companies, describing it as an ineffective response to the persistent crisis in the power sector.
In a statement issued on Sunday in Abuja, the NLC President, Joe Ajaero, said repeated financial interventions have failed to deliver meaningful improvement in electricity supply across the country.
He argued that the bailout reflects deeper structural problems in the sector and insisted that public funds should not continue to be used to sustain what he described as a fundamentally flawed system.
According to him, Nigerians continue to suffer from high electricity tariffs and persistent blackouts despite years of government spending in the sector.
Ajaero called for urgent reforms, including the merging of the Ministries of Petroleum and Power into a single Ministry of Energy, to improve coordination and efficiency.
He explained that the current separation of responsibilities contributes to inefficiencies, particularly in gas supply for thermal power generation.
The labour leader also stressed that electricity should be treated as a social service rather than a profit-driven commodity, arguing that such an approach would ensure affordability and improved access for citizens.
He urged the Federal Government to suspend the proposed bailout and instead convene a national stakeholders’ summit to develop a sustainable, people-centred roadmap for the power sector.
