No Plan to Sell TCN — BPE

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

Head, Public Communications of the agency,  Mr. Chidi Ibe, in a statement, in Abuja, said:  “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 Federal Government 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.”