The Nigeria Labour Congress, (NLC), has faulted the alleged planned sale of the Transmission Company of Nigeria, (TCN).
The NLC President, Ayuba Wabba stated this in a statement titled: “This Kite will not Fly“, yesterday, in Abuja.
He added that the NLC condemned with vigour the continued stripping and stealing of Nigeria’s economic assets.
He said that the current attempt to hand over the TCN to a few ‘privileged’ Nigerians was self-serving, obtuse, odious, morally reprehensible and criminal.
He said Nigerian workers and people were vehemently opposed to this plot and would resist the grand larceny.
“The TCN is a strategic economic asset of immense national security implications. This is because the TCN traverses all nooks and crannies of Nigeria.
“It will be wrong that our country will be deliberately exposed to an avoidable vulnerability and thus, provide an opportunity to others to restrain the Nigerian State.
“This position flows from the inevitable lesson of the historical incidences of allowing some private organisations of questionable intentions and antecedence to own and run strategic economic assets in our country”, he stated.
The NLC president said thus, the story of the planned total divestment and ceding of the TCN was creepy and confounding.
He said the plan exemplified one in the series of unacceptable bitter pills forcibly pushed down the throat of the Nigerian people in pursuit of an ill-thought-out reforms policy.
Wabba, however, urged the Nigerian people to make no mistake about the plot to sell TCN as it would only result in the continuation of the regrettable policy of heaping an unbearable burden on the ordinary people.
He said that the plan would also fundamentally weaken the security of the nation and above all, deprive the people of their age-old investments in the commanding heights of the Nigerian economy.
