December 18, 2017

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BPE: NIGERIA HAS SPENT N370.8BN ON SETTLEMENT OF PHCN WORKERS

BPE: NIGERIA HAS SPENT N370.8BN ON SETTLEMENT OF PHCN WORKERS

BPE: NIGERIA HAS SPENT N370.8BN ON SETTLEMENT OF PHCN WORKERS

 

The PHCN logo
The PHCN logo

The federal government yesterday said it had spent N370.8 billion on the payment of severance allowances to workers of the defunct Power Holding Company of Nigeria, PHCN.

 

Martina Omojola, the Deputy Director, Labour Matters, Electricity Power Department, Bureau of Public Enterprise (BPE), disclosed this to the News Agency of Nigeria (NAN) in Abuja.

 

She said the total staff strength of the former PHCN workers was 47,913, adding that out of this, 46,308 had so far been validated.

 

Omojola said the number of validated workers included both regular and casual workers of the company.

 

“Out of that, we have paid 45,519 workers till date. So, what is outstanding from the validated is about 789 and we are still processing their benefits.

 

Read more here.

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