NLC opposes FG's plan to restructure power company

Joe Ajaero, the NLC President, said in a statement on Wednesday in Abuja that the plan would only worsen the crisis in the nation’s power sector.

The TCN coordinates the nation’s electricity transmission network and is one of 18 companies that were unbundled from the defunct Power Holding Company of Nigeria in April 2004.

It was incorporated in November 2005 and issued a transmission licence in 2005 to transmit electricity, engage in system operation and electricity trading.