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Government settles PHCN workers for N370.8bn

05 June 2014, 18:05

Abuja - The Federal Government has said it had spent N370.8 billion on the payment of severance allowances to workers of the defunct Power Holding Company of Nigeria (PHCN).

Martina Omojola, the Deputy Director, Labour Matters, Electricity Power Department, Bureau of Public Enterprise (BPE), disclosed this in Abuja.

She said that the total staff strength of the former PHCN workers was 47 913, adding that out of this, 46 308 had so far been validated.

Omojola said that the number of validated workers included both regular and casual workers of the company.

"Out of that, we have paid 45 519 workers till date. So, what is outstanding from the validated is about 789 and we are still processing their benefits.

"So, with that in mind, we have made payment of N370. 8 billion till date in 18 batches through the office of the Accountant General of the Federation.

Omojola attributed the none verification of some wokers to  insufficient information regarding their validity as staff of the defunct PHCN.

"Only 1 605 out of the total staff strength of 47 913 are yet to be validated. However, we cannot say we have written them off.

"There is a committee that still sits on this comprising BPE, NELMCO, PHCN headquarter, ministry of power, office of the accountant general of the federation and the unions,’’ she said.

Martina urged members of the public that still had entitlements with PHCN to register at the PHCN headquarters.


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