Nigerian Coal Corporation's Future in Jeopardy

The Nigerian Coal Corporation's future is looking uncertain, with the company facing a multitude of challenges that threaten its very existence.

The corporation's coal reserves are dwindling, with estimates suggesting that the country's coal deposits will be depleted in the next few decades.

The company's inability to adapt to changing market conditions has also hindered its ability to compete with other energy sources.

Nigeria's increasing reliance on gas and renewable energy sources has further diminished the demand for coal, making it an unattractive option for investors and consumers alike.

The Nigerian government needs to take action to revive the coal corporation in Enugu State.

Coal miners have appealed to the government to revive the corporation to create employment opportunities.

The planned privatisation of the corporation is a welcome development, but selling the corporation's properties is not complementary to its revival.

A disengaged coal miner, Mr Mike Aneke, expressed his disappointment with the government's decision to sell the properties.

The revival of the corporation would help reduce poverty among the people, according to coal miners.

Nwadiri, a 32-year veteran of the corporation, regrets that coal is being neglected as an alternative source of energy.

Enugu State has constituted a commission of inquiry to look into the alleged sale of land belonging to the defunct Nigerian Coal Corporation by the Bureau of Public Enterprises.

The commission was inaugurated by the state Governor, Ifeanyi Ugwuanyi, who said the measure followed persistent agitation and growing restiveness among host communities over the sale of such lands.

The state government decided to set up the judicial commission of inquiry to look into the sale and alienation of the said land and other matters incidental to it in the interest of all.

The governor mentioned the terms of reference to include the identification and collation of all lands granted to the defunct NCC by host communities in the state for station and colliery purposes.

The commission has three months to complete the assignment and submit its reports, and it's made up of persons tested and versatile in their various fields of endeavour.

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The commission was tasked to identify all lands or landed property granted to the NCC by their host communities which had become subject of sale, lease or grant or disposed of, and to ascertain if the persons or authorities to whom the plots of land were alienated to complied with the extant land planning laws.