No plan to sell Transmission Company of Nigeria — BPE

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The Bureau of Public Enterprises, BPE, yesterday denied media reports that the Federal Government was planning to sell the Transmission Company of Nigeria, TCN.

Mr. Chidi Ibe, the agency’s Head of Public Communications, said in an Abuja statement: “The attention of BPE has been drawn to a news publication alleging that “the Federal Government is currently gearing up to put the Transmission Company of Nigeria up for sale.”

“The BPE wishes to state that the news is completely false in all its ramifications. The allegation is a mere fabrication by mischief makers aimed at creating room for another needless strike by electricity workers.”

According to the Bureau, the actions of the FederalGovernment in the power sector were guided by well-articulated policy documents and extant legislations.

“The Federal Government has not changed its policy nor amended the EPSRA as it relates to TCN.”

The Bureau urged electricity sector workers and indeed the general public to ignore what it described as a, “false publication.”