Connect with us

    Hi, what are you looking for?

    News

    NLC Alleges N20bn Corruption Cabal in TCN, Urges Power Minister to Halt Emergency Contracts

    Nigeria Labour Congress (NLC) has accused a cabal within the Transmission Company of Nigeria (TCN) of plotting to siphon nearly N20 billion through sham “emergency refurbishment” contracts, crippling the nation’s fragile power grid.

    In a petition to Power Minister Adebayo Adelabu, signed by NLC President Joe Ajaero, the union warned the scheme bypasses due process, turning public funds into private gain amid TCN’s fiscal woes.

    Ajaero described the contracts as “money laundering disguised as grid expansion,” predicting they would leave the grid “a permanent patient in the emergency room” and hobble operations for a decade.

    NLC spotlighted egregious line items, including N191 million for erosion control at single Tower T89 in Ihovbor, Okada; N290.6 million for fencing and drainage at Biu 132/33kV Sub-Station; and N226 million for Tower T27 at Etsako, Okpella-Ajaokuta.

    Allegations include repeated buys of transformers and switchgears from one supplier at rising prices, plus overstocking insulators and conductors above market rates under collapse-prep pretexts.

    Beyond procurement, NLC called for probes into Katampe, Abuja substation land sales and a push to promote a September 2021 hire to Assistant General Manager by 2026, flouting TCN rules.

    The union demanded an immediate freeze on all “emergency” processes pending forensic audit by anti-graft agencies like EFCC.

    This scandal erupts as Nigeria grapples with frequent grid collapses, amplifying calls for transparency in the power sector.

    Loading

    Spread the love
    Frank
    Written By

    Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Cyfrica
    ad

    You May Also Like

    Tech

    National Information Technology Development Agency (NITDA) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have signed a Memorandum of...

    Sports

    Real Madrid forward Kylian Mbappé has hit back at comparisons with Barcelona’s Raphinha and Paris Saint-Germain winger Ousmane Dembélé, while admitting that he still...

    World

    Lindsay Clancy, a 36-year-old former labour and delivery nurse from Massachusetts, United States, became the subject of a closely watched criminal case after the...

    Entertainment

    Nollywood actress and social media influencer Nimmy Ferrari has died, reportedly shortly before she was scheduled to celebrate the completion of her new home...