he Nigeria Labour Congress (NLC) has rejected the proposed N6 trillion bailout for power generation companies, stating that repeated financial interventions have failed to improve electricity supply nationwide.

The NLC President, Mr. Joe Ajaero, made this known in a statement issued on Sunday in Abuja, where he called for urgent structural reforms in the energy sector.

“The proposed N6 trillion bailout is merely a symptom of deeper structural failures in the power sector, and repeated financial interventions have not translated into improved electricity supply for Nigerians,” he said.

“We cannot continue to deploy public funds to sustain a fundamentally flawed system, while ordinary citizens bear the burden of inefficiency through high tariffs and persistent outages.”

Mr. Ajaero urged the Federal Government to merge the Ministries of Petroleum and Power to establish a unified Ministry of Energy for improved coordination.

He argued that the current separation of the sectors has resulted in inefficiencies, particularly in the supply of gas for thermal power generation.

According to him, an integrated energy framework would prioritise domestic electricity needs and enhance national development.

The NLC president also called for a halt to the proposed bailout, insisting that public funds should not be used to support what he described as failed private investments.

“Electricity must be treated as a social service and a fundamental right, not a profit-driven commodity, if Nigeria is to achieve affordable and reliable power supply,” he added.

He further stressed that the current framework places an undue burden on citizens, and that reforms must prioritise service delivery, public interest, and the welfare of Nigerian workers.

Mr. Ajaero urged the government to convene a stakeholders’ summit to develop a people-centred roadmap for the power sector, emphasising the need for policies that promote public interest, energy security, and improved welfare for citizens.