The Federal Government has paid severance benefit to 32,860 personnel of the Power Holding Company of Nigeria, PHCN, representing 69 per cent of 47,913 cleared for the exercise.
This is part of the measures aimed at ensuring that 15 Electricity Generation Companies, GENCOs and Electricity Distribution Companies, DISCOs are successfully handed over to preferred bidders next month.
The data of the Ministry of Power, which confirmed the development, showed that: “As at Monday, this week, government through the Office of the Accountant General of the Federation, OAGF, has/is remitting payment to 32,860 PHCN workers.”
The document showed that efforts were still being made to resolve issues concerning about four per cent of the workers who had audit queries, corrections and those with regularisation related issues.
It added: “Those with biometric related issues are also being attended to. Their non-capture during the biometric exercise was because they did not make themselves available for capture. It was not government’s fault
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