Govt votes $2.6b PHCN cash for workers’ pay

Acting-Director-General-BPE-Mr-Benjamin-Dikki09 October 2013, Abuja – The $2.6 billion (about N415.2 billion) realised from the unbundling of the Power Holding Company of Nigeria (PHCN) will be used to defray the workers’ benefits, Director-General of the Bureau of Public Enterprises (BPE) Benjamin Dikki has said.

Dikki said there was delay in paying some workers because of the differences in names, multiple Retirement Savings Accounts (RSA), wrong account numbers, among others.
He said the funds required for the exercise had been remitted to the Office of the Accountant-General of the Federation (OAGF) who has remitted same to the banks for payment.

In a statement in Abuja, BPE Director of Communications Mr. Chigbo Anichebe said Dikki spoke in Abeokuta, Ogun State capital, while fielding questions from reporters at the funeral of the mother of the Chairman, Senate Committee on Privatisation and Commercialisation, Senator Olugbenga Obadara.

He said as auditors verified and reconciled these differences, payments would be concluded as expeditiously as possible.

The statement quoted Dikki as saying the Federal Government was committed to concluding the payment of all verified entitlements of PHCN successor-companies, workers before the end of the second week of October.

– John Ofikhenua, The Nation

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