The Nigeria Labour Congress, NLC, said the power sector is not working allegedly due to banks running it.
NLC President, Joe Ajaero, affirmed this on Thursday at the 21st Daily Trust Dialogue in Abuja themed, ‘Tinubu’s Economic Reforms: Gainers and Losers.’
Ajaero roundly condemned the policies of President Bola Tinubu saying the masses are at the receiving end of it.
The workers’ President while hitting out at the proposals by the incumbent to sell public assets said,“They are talking about privatisation; 99 per cent of privatised companies have disappeared. And we are sustaining it. You sold your house for N2m and you gave the buyers N10m to repair it. That is a prodigal economy.
“All the Discos have been taken over by banks. The banks are running the power sector and you want it to work? I think the Tinubu government should look at all this holistically.’’
