THE Minister of State for Power, Hajia Zainab Ibrahim Kuchi has said that Federal Government’s commitment to settlement of severance benefits of Power Holding Company of Nigeria (PHCN) staff is informed by the relevance of the exercise to the attainment of the Power Sector Roadmap and the overall realization of the Transformation Agenda of the administration.
Speaking on Wednesday at the inauguration of the Implementation Committee on the settlement of severance for PHCN staff, Hajia Kuchi commended organised Labour as represented by the three unions in the power sector for being courageous as they have helped the process to become less tedious and seamless.
She assured that the Federal Government is committed to bringing the process of privatization of the power sector to conclusion in no distant future with the inauguration of the committee on Wednesday, saying it was “a product of proper buy-in by all.”
She said “Federal Government in line with its previous commitments has sufficient funds to make full and complete payments to all that are due”.
The committee, which is chaired by the newly-appointed Permanent Secretary of Power, Ambassador Godknows Igali has representatives from Finance and Labour Ministries, Bureau of Public Enterprises (BPE), Accountant General of the Federation (AGF), PENCOM, Auditor-General and the 4 Labour Unions in PHCN and the Consultant – Alexander Forbes. It has an 8-point reference and has since swung into action.
The Minister of State for Finance, Dr. Yerima Ngawa, in his goodwill message reiterated that Government would fulfill its obligations, “we cannot afford to disappoint Nigerians”.
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