This time, the investors declared that the unresolved staffing issues in the industry remained a major challenge impeding their smooth operations.
The power investors had in the past complained about a number of issues, ranging from poor public awareness of the payment of electricity tariff to inadequate power load allocation, gas constraint, poor communication between the Transmission Company of Nigeria and electricity distribution companies.
The Nigerian Electricity Regulatory Commission, in a statement on Sunday, said the investors recently complained that workers of the defunct Power Holding Company of Nigeria that they inherited had yet to know their fate with the new owners.
According to the power firms, some of the employees have not been served severance letters, officially terminating their contracts with the company.
“As a consequence, these workers, who have yet to be legitimately engaged by the new owners, have been forced to remain in this uncertainty,” the statement said.
– The Punch