PHCN Headquarters
Linda Eroke

The unions in the power sector Wednesday denied media reports credited to the Bureau for Public Enterprises (BPE) that about 20,000 workers of the Power Holding Company of Nigeria (PHCN) been fully paid their severance benefits ahead of the takeover of PHCN assets by private investors.
Speaking under the aegis of the National Union of Electricity Employees (NUEE), the union said there was no iota of truth in the statement, stating that it was only meant to deceive investors that workers' entitlements had already been paid.
A statement by NUEE’s President, Mansir Musa, said the payment made so far only covered few workers, insisting that no PHCN worker had been fully paid.
He, however, warned that the union would resist any illegal takeover of PHCN until the severance benefits were fully paid to all the workers.
The statement reads: “Our attention has been drawn to publication in some national newspapers credited to an agent of government –Mr. Chigbo Anichebe of BPE on the payment of severance package to PHCN workers and hereby react as follows. There is no iota of truth in the statement as it was only meant to deceive the investors that workers' entitlements have already been paid. The payment made so far only cover few workers as against the claim that over 20,000 workers have been paid out of purported 40,000 workforce.
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