40,093 PHCN Staff Cleared By FG For Severance Benefit

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40,093 workers of the Power Holding Company of Nigeria (PHCN) had so far been cleared and forwarded to the Office of the Accountant General of the Federation (OAGF) for payment in the on-going exercise for the payment of severance benefits to the workers.

Director General, Bureau of Public Enterprises (BPE), Mr. Benjamin Ezra Dikki, said this, weekend in Abuja, while addressing Transitional Chairmen of the PHCN Successor Companies.

He also said a total of N342.8 billion has been released to the OAGF for the payment.

Dikki noted that the figures represented payment to 84 percent of the entire workforce of the former state monopoly.

In a statement by BPE spokesman, Chigbo Anichebe, the BPE boss who was represented by Project Manager (PM) Electric Power Department of the Bureau, Mr. Amaechi Aloke said the schedules of payments which were transferred to the Office of the Accountant General of the Federation by the Bureau of Public Enterprises in six batches, cut across workers at the PHCN Headquarters, the Generation Companies (GENCOs), Distribution Companies (DISCOs) and the Transmission Company of Nigeria (TCN).

Dikki said out of the six batches, the OAGF had confirmed the payment of three, totaling 26,899 persons.

“The payment covers the severance benefits and RSA components”, he said.

The DG maintained that the OAGF had assured that by next week, another two batches (4 and 5), totaling 11,716 workers would be paid their entitlements.

On union dues, the DG said that the OAGF has confirmed the remittance of N3 billion to the two PHCN unions-the Senior Staff Association of Electricity and Allied Companies, (SSAEAC) and National Union of Electricity Employees (NUEE), deducted from the PHCN workers benefits.

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