Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » PHCN Privatisation: Labour mobilises workers for industrial action

    PHCN Privatisation: Labour mobilises workers for industrial action

    September 27, 2013
    Share
    Facebook Twitter LinkedIn WhatsApp

    Joe Ajaero 127 September 2013, LAGOS – The union in the power sector has begun massive mobilisation of employees of Power Holding Company of Nigeria, PHCN, to stop the Federal Government planned handover of the corporation assets to private investors without full payment of their terminal benefits.

    Speaking under the umbrella of the National Union of Electricity Employees, NUEE, the union faulted the Minister of Power, Professor Chinedu Nebo’s claim that 70 per cent of staff members had been paid exit package.

    Briefing journalist in Lagos, NUEE Vice President (Professionals), Gabriel Egbadekwu, alleged that government has commenced “clandestine” moves to hand over PHCN facilities to successor companies on paper without resolving the labour issues in the sector.

    He hinted that mobilisation of members is ongoing warning, noting that the union will react at the appropriate time.
    Egbadekwu expressed regret that less than 50 per cent of PHCN workers had so far received part of their exit benefits while others are yet to receive anything.

    He warned that any move by government to handover the companies to the intended investors without the full payment of workers benefits would be resisted by the union.

    He said: “We have been irked by the claim of the minister of power that 70 per cent of PHCN staff members have been paid their exit package. Information reaching us revealed that the minister has commenced clandestine moves to hand over PHCN facilities or so called successor companies to investors. We want to state categorically clear here that the claim of the minister is false and is done to miss-inform the public.

    “We are well aware that less than 50 percent of PHCN workers have so far received part of their exit benefits while others are yet to receive anything. Furthermore, we want Nigerians of all shades of opinion be informed that claims made by the minister exhibits total insincerity and falsehood concocted to blackmail the Union. In this regard, any move by Government to handover the companies to the intended investors will be resisted by the workers, unless all payments (to the last kobo) and other issues are fully resolved.”

    “The Public should know that before now, agreements have been reached with government on issues and how the process to resolve them should be implemented, starting from June, 2012. However, government has been unwilling or reluctant to drive the process according to agreements reached. Each time, the Union has to react to get government on course and this has not deterred her from implementing the agreement haphazardly.

    At this stage of implementation, we are amazed at the level of confusion within the industry as to the seriousness of government at driving the process to a logical conclusion for the benefit of Nigerians, investors and the workers.”

    -This Day

    Related News

    Atiku slams Tinubu over unpaid minimum wage arrears

    Rivers State Government to revive moribund farms, create jobs

    Minimum wage earner can only afford 68 litres of petrol monthly

    E-book
    Resilience Exhibition

    Latest News

    Rivers State Administrator inaugurates key boards

    July 15, 2025

    Rivers State calls for innovation to harness $296m Blue Economy potential

    July 14, 2025

    Nigeria champions sustainable financing at AU Executive Council meeting

    July 14, 2025

    African mining ministers laud Alake’s leadership, resolve to adopt PARC

    July 14, 2025

    OECS Commission plots regional geothermal energy ambitions

    July 14, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.