Looks like the controversy surrounding the appointment of the new CEO in the Transmission Company of Nigeria is getting worse. Punch reported that the National Union of Electricity Employees and the Senior Staff Association of Electricity and Allied Companies blocked entrance into the office of the Managing Director still insisting that they do not want him.
The latest “fight” occurred after the new Managing Director, Mr. Usman Mohammed ordered the immediate suspension of all payments, award of contracts and issuance of local purchase orders by the TCN.
The FG last week removed the former Managing Director/Chief Executive Officer of the Transmission Company of Nigeria (TCN) Dr Abubakar Atiku and replaced him with Mr. Usman Mohammed a Chartered accountant from the AFDB. Apparently, the union are protesting his appointment alleging that he was put in there to because of the $364 million world bank loan recently obtained by the TCN.
Others also claim, Dr Atiku was removed due to his “inefficiency”. Atiku was made Managing Director after former management firm, Manitoba’s contract expired last year and wasn’t renewed. Analysts opined the unions made life unbearable for Manitoba towards the latter stages of their contract to ensure that it never got renewed.