Workers of the Power Holding Company of Nigeria have said that the N384bn approved by the Federal Government for the payment of their severance benefits will not be sufficient to pay the 50,000 employees of the power firm.
The workers allege that 17,000 employees of the firm were not captured in the approved sum, adding that the actual amount to fully offset the workers entitlement was in excess of N500bn.
The Secretary-General, Nigerian Union of Electricity Employees, Mr. Joe Ajaero, told our correspondent in an interview on Thursday that the unions never agreed with the government to the sum announced on Wednesday by the Minister of Labour, Mr. Emeka Wogu.
Asked if the N384bn was the actual sum meant to settle the workers, Ajaero said, “How can it be the actual calculation who calculated it? Maybe what they approved was for the people they sacked in year 2000 and not for this dispensation we are in.
Or maybe they want to pay us bonus, because nobody met with them, nobody discussed with them and so they can’t just bring the sum and say we should work on it.
“We have been talking of the technical and implementation committees to work out the entitlement and we are yet to work out things before somebody just comes out and mentions a figure.”
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