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 pay soon

26 June 2013, 16:03

Lagos- Senior Staff of Allied and Electricity Corporation (SSAEC) on Tuesday confirmed that the 54 000 workers in the electricity sector would soon receive their severance pay.

The SSAEC President, Bede Opara, told the News Agency of Nigeria (NAN) in Lagos that the Federal Government and labour had reached an agreement on payment of the workers entitlements.

Opara did not disclose the total sum that would be paid to the workers.

''The total amount cannot be mentioned now because lot of things had happened. Many people had retired and some of the workers had changed department so the money that will be paid has also been affected.

''Labour and government are contented with whatever that will be paid to the workers if the government implement as agreed, there will be no problem.''

The unionist said that labour had agreed with the government that as soon as the money was paid, the investors would take over the plants.

Opara said that the ongoing verification exercise in the PHCN would be concluded on June 29 since the workers had gone through their pay advice, verified and signed it.

He noted that if there were lapses, such as omission of names, the verification would be extended to ensure that everybody was captured.

The union president also said that the issue of casual workers had been cleared as they had been verified to ensure that they got their money.

He also said that the workers had contacted different Pension Fund Administrators (PFAs) that would handle the money.

Opara said that by the Reform Act, after the payment of the workers, some would continue with the new investors while others would leave.

He said the investors would discuss with the union before such workers would be sacked after being employed.

NAN reports that the Federal Government in February approved N384 billion for the payment of severance allowances to 54 000 workers of the PHCN.

The union had, however, rejected the severance package because it was not a product of consensus.


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...