Contrary to the general belief, it appears the last has not been heard regarding the face-off between the government and electricity workers over their severance benefits.
The Federal Government last Wednesday announced the approval of N384 billion as payoff package for the electricity workers following the unbundling of Power Holding Company of Nigeria (PHCN) into 18 companies.
In the view of the electricity workers who have long rejected the offer, perhaps the announcement should have been reserved for such a time when all the modalities of the payment process had been put in place.
They argued that the pay-off package of N384 billion approved by the Federal Government does not add up to what each worker is supposed to receive, based on the years they have put into service.
This development raises concern over the success of the privatisation exercise in which labour issues have been a major stumbling block. Questions now arise over the potency of the agreement signed between the government and the electricity workers union in December 2012.
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