A Review of the Nigerian Energy Industry

PHCN to clear workers terminal benefits

PHCN27 January 2014, Abuja – The federal government is to resolve pension terminal benefits issues of the Power Holding Company of Nigeria, PHCN, workers in the next two weeks.

The Bureau of Public Enterprises, BPE, said in Abuja, weekend, that its officials would commence a tour of designated centres across the country beginning Wednesday, this week to address residual issues related to the settlement of the terminal benefits of the workers.

The bureau said: “This is in line with the Bureau’s determination to ensure that all residual issues related to the settlement of the terminal benefits of staff of the defunct PHCN are resolved following the privatisation of the former government monopoly.”

It said that the tour would be co-ordinated by the Technical Sub-Committee of the Committee chaired by the Permanent Secretary, Federal Ministry of Power, set up by the Federal Government on the Settlement of PHCN Terminal Benefits.

– Emma Ujah, Vanguard

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