The Office of the Accountant General of the Federation has yet to receive the severance package of workers of the Power Holding Company of Nigeria, investigations have revealed.
The National Council on Privatisation chaired by Vice-President Namadi Sambo had on Friday ordered the OAGF to ensure that the workers were settled this week.
Similarly, the Bureau of Public Enterprises had at a meeting with the core investors in the PHCN successor companies assured them that the OAGF had received all the money required and would begin the payment on Monday (yesterday).
Investigations by our correspondents, however, showed that the payment neither began as scheduled on Monday nor had the AGF’s office received the money.
A source close to the OAGF confirmed that that the money was supposed to be sourced from what accrued to the Federal Government from the sale of the successor companies, but added that the BPE had yet to remit the money.
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