THE National Union of Electricity Employees(NUEE) on Saturday, said that N500 billion was required to pay the entitlements of workers in the power sector.
The union’s General Secretary, Mr Joe Ajaero, made this known during an interactive session with newsmen in Lagos.
Ajaero said that of the amount N400 billion would be required for workers’ gratuity, while N100 billion would be used to pay pension arrears.
He said that it was not the Ministry of Power that should announce what the Federal Government would disburse as severance package to PHCN workers.
The general secretary said that the Bureau of Public Enterprise (BPE) was in a better position to announce the cost of settlement.
He said it was regrettable that in industrial relations practice, implementing an agreement was always a major problem, after all issues had been resolved.
He expressed the hope that in 2013, the entitlement of the workers would be paid to enable Nigerians to enjoy the expected 5000 megawatts of electricity.
“We are expecting about 5000 mega watts of electricity from the Nigeria Integrated Power Project (NIPP) by next year. We believe this will boost electricity supply to consumers,” he said.
“We are expecting about 5000 mega watts of electricity from the Nigeria Integrated Power Project (NIPP) by next year. We believe this will boost electricity supply to consumers,” he said.
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