Wednesday , 26 February 2020
Home / breaking news / FG begins full payment to 38,000 PHCN workers

FG begins full payment to 38,000 PHCN workers

ABUJA – The full payment of entitlements to 38,000 workers of Power

Holding Company of Nigeria, PHCN, has commenced.

Director General,  Bureau of Public Enterprise, BPE, Mr. Benjamin Ezra

Dikki disclosed this during the visit of House of Representatives

Committee on Privatisation and Commercialisation to the agency.

Mr. Dikki explained that 6,700 staff that had issues during verification

were being sorted out, while 2,500 casual staff were expected to be

regularised by the PHCN management before payment of their entitlements.

On the power transaction, the BPE boss informed the lawmakers that the

Bureau had received full payment for 14 power generation and

distribution companies from the core investors.

Mr. Dikki further informed the lawmakers that the Bureau was in the

process of constituting a Privatisation Tribunal to handle privatisation

cases expeditiously.

He said the Tribunal will also assist the Bureau in enforcing

privatisation contracts.

In her remarks, the Chairman of the House of Representatives Committee

on Privatisation and Commercialisation, Hon. Khadijat Bukar Abba-Ibrahim

commended the giant strides made by the Bureau of Public Enterprises,

BPE, in the power sector reform and privatisation which has seen the

successful handover of 14 generation and distribution companies to core


Hon. Abba-Ibrahim who led members of the committee on an oversight visit

to the Bureau appealed to the Bureau and the National Council on

Privatisation, NCP, to at all times “operate in strict compliance with

the Public Enterprises Privatisation and Commercialisation Act” of 1999.

She also urged the Bureau to strictly follow the laid down guidelines as

approved by the NCP in all its transactions for transparency and


The Chairman said deliberations with the BPE management during the visit

were exciting and had helped bridged the communication gap between the

Bureau and the Committee, stressing that the committee members were now

better informed on the activities of BPE.

Abba-Ibrahim called for regular interactions between the Bureau and the

Committees “as communication gap often breeds mistrust and


AmarSim Associations Development Consultants

Check Also

Rivers State Executive Council moves to rejig sanitation arrangement in Port Harcourt 

The Rivers State Executive Council has directed the Rivers State Waste Management Agency (RIWAMA) to …

Leave a Reply

Your email address will not be published. Required fields are marked *