Over 70% PHCN workers yet to get severance pay – Electricity union

 

By Sylvester Enoghase

• Insist no pay-off, no hand-over

Members of the Senior Staff Association of Electricity and Allied Companies (SSAEAC) on Tuesday in Lagos said they would resist the planned handover of Power Holding Company of Nigeria (PHCN) successor companies on Friday, September 20, 2013.

Following the payment of the remaining 75 per cent bid sum of the various generation and distribution companies, with the exception of one the Enugu plant, by the Bureau of Public Enterprises (BPE), last month, the Federal Government plans to hand them over to the new core investors.

The workers say they would disrupt any bid by the new owners to take over, as over 70 per cent of its members have not received their terminal pay by the BPE, as of Tuesday evening.

 

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