The Bureau of Public Enterprises (BPE) has dismissed a story making rounds that the Federal Government was putting the Transmission Company of Nigeria (TCN) up for sale.

Its Head of Public Communications, Mr Chidi Ibeh, stated in Abuja on Sunday that the news is completely false in all its ramifications, and a mere fabrication by mischief makers aimed at creating room for another needless strike by electricity workers.

Ibeh added that the actions of the Federal Government in the power sector are guided by well-articulated policy documents and extant legislations.

He said that the Federal Government approved the Nigerian Electric Power Policy document in 2001, which formed the basis for the enactment of the Nigerian Electricity Power Sector Reform Act (EPSRA) 2005, while the Government also announced a roadmap for the reform of the power sector in 2010, none of which envisaged the privatisation of the Transmission Company.