NLC: N3tn Power Bailout Economically Unwise

NLC: N3tn Power Bailout Economically Unwise

ABUJA — The Nigeria Labour Congress (NLC) has officially declared war on the Federal Government’s proposed ₦3 trillion bailout for privately-owned Electricity Generation Companies (GenCos). In a scorching statement issued on Friday, February 20, 2026, NLC President Joe Ajaero characterized the planned intervention as an “economically unwise” heist designed to “settle the boys” ahead of…

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