The Nigeria Labour Congress, NLC, has raised alarm over what it described as questionable contracts estimated at about ₦20 billion within the Transmission Company of Nigeria, TCN,
It warned that the deals could further weaken the nation’s power infrastructure if not urgently investigated.
In a petition addressed to the Minister of Power, and signed by its President, Joe Ajaero, the labour centre alleged that some officials within TCN were attempting to push through a series of emergency refurbishment contracts
According to NLC, this may violate procurement processes and place additional financial strain on the power transmission company.
The union also called for a quick forensic audit of the contracts and urged anti-graft agencies, including the Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt Practices and Other Related Offences Commission, ICPC, to probe what it described as a possible large-scale procurement fraud.
The NLC further warned that the situation posed a serious threat to the survival of the company and the stability of the nation’s electricity transmission network.
Edited by Favour Owonibi.