About 93 Per Cent Of PHCN Workers To Receive Severance Entitlement

power-Holding-Company-of-Nigeria-PHCN-300x139At least 43,400 workers of Power Holding Company of Nigeria (PHCN) have been cleared as beneficiaries of severance benefits as the federal government unbundles their former employer, the Ministry of Power has said.

The figure constitutes nearly 93 per cent of total workforce of PHCN, a spokesperson for the minister of power, Chinedu Nebo, said.

“The committee, headed by the Permanent Secretary in the Ministry of Power, Godknows Igali, has cleared over 43,400 workers for the payment of the benefits,” Kande Daniel, was quoted as saying.

Payments to the workers were to begin June 17, but that date has apparently been missed.

Mrs. Daniel said the committee was still working on the records of the remaining workers to clarify various issues.

She said those covered have tendered valid records that passed necessary biometrics test and have been issued benefit statements showing their expected terminal benefits.

“They are to make necessary correction and return the statements to the committee within one week,” Mrs. Daniel said.

She said that the committee members embarked on sensitization tour in the different geographical zones to enable the workers understand the process of computation.

The committee comprises representatives of different unions in the electricity industry and those of the Federal Government.

On the government team are representatives of the Minister of Labour, the Accountant-General and Auditor-General of the Federation, while Mr. Igali is the Chairman of the committee.

The Minister of Power, Chinedu Nebo, had earlier said that payment of severance benefits to the workers would begin on June 17 after the completion of the verification processes. That date was missed.