Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


PHCN workers to receive severance benefits this week

01 August 2013, 14:01

Abuja - Workers of the Power Holding Company of Nigeria (PHCN) are to start receiving their severance packages from this week.

The Director General of the Bureau for Public Enterprises (BPE), Benjamin Dikki, made the announcement on Wednesday in Abuja at the opening of bids for privatisation of the Afam Generation Company Plc and the Kaduna  Distribution Plc.

Dikki said that payment of the severance package was in preparation for the conclusion of the privatisation of the power sector.

"We have resolved all labour issues with the staff of the PHCN. What remains now is the payment for their severance benefits.

"And I know the payment would start before the end of this week or early next week.

"We have submitted all documents to the Office of the Accountant General of the Federation for payment,'’ he said.

NAN recalls that on July 23, the Minister of Power, Prof. Chinedu Nebo, at a power sector development forum, organised by the ministry in conjunction with a German firm, Siemens, said that directive had been given for the payment of the PHCN workers.

Nebo said that a proper audit of the payment processes, which delayed the final disbursement of funds to the workers, had been concluded.

 - NAN

Tags phcn

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...