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Thursday, September 26, 2013

Terminal benefits: PHCN workers vow to stop new investors

 
By VICTOR AHIUMA-YOUNGLAGOS — WORKERS of the Power Holding Company of Nigeria, PHCN, have begun massive mobilisation to stop any discreet hand-over of the assets of PHCN by the Federal Government to private sector individuals without settling labour issues especially full payment of terminal benefits.Under the aegis of the National Union of Electricity Employees, NUEE, the workers faulted Minister of Power, Professor Chinedu Nebo’s claim that 70 per cent of staff had been paid exit package, on which basis he allegedly commenced clandestine moves to hand over PHCN facilities to successor investors.

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