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Friday, January 11, 2013

Foreign consultant to work out PHCN workers’ payoff

General Secretary, National Union of Electricity Employees, Mr. Joe Ajaero

The Federal Government has hired the services of an international firm to help compute the final entitlements of employees of the Power Holding Company of Nigeria to pave the way for the completion of the privatisation of the PHCN successor firms.
Following the engagement of Alexandra Forbes, a leading international provider of financial and risk services, by the Federal Government, our correspondent gathered that the Bureau of Public Enterprises and representatives of workers’ unions in the power sector would meet with the firm from Monday.
It was learnt on Wednesday that the meeting would run for three days.

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