ADVERTISEMENT
ADVERTISEMENT

Pending Labour issues: Workers issue red flag to Eko DisCo intending buyers

News Express |25th Mar 2025 | 152
Pending Labour issues: Workers issue red flag to Eko DisCo intending buyers




Workers in the nation’s electricity sector have alerted intending buyers of the Eko Distribution Company (Eko DisCo) to several unresolved labour issues within the company and the urgent need for them to be addressed before any takeover, to avoid unpleasant industrial action.

Under the aegis of the National Union of Electricity Employees (NUEE), the workers vowed to make any takeover impossible if the pending labour issues are not mutually and comprehensively resolved.

In a statement, the acting General Secretary of NUEE, Dominic Igwebike, said, “Our attention has been drawn to the ‘new investor’ taking over Eko Electricity Distribution Company Plc from April 2025.

“It is pertinent to bring to the knowledge of the purported buyers of Eko DisCo and the general public that there are several labour issues the current owners and management must resolve and fully settle before transferring ownership.

“If these issues are not resolved and fully settled, the union will vehemently resist the takeover of the franchise by the new buyers. Otherwise, the owners will acquire both the assets and liabilities of the company and must be ready to settle the outstanding labour obligations to the letter as the acquisition transaction progresses.” (Vanguard)



Comments

Post Comment

Friday, March 28, 2025 9:30 PM
ADVERTISEMENT

Follow us on

ADVERTISEMENT

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025