PHCN Handover: Workers Gear Up For Industrial Action

The Power Holding Company of Nigeria,
PHCN, workers are gearing up for a
nationwide strike to prevent the planned
Federal Government handover on the
grounds that their terminal entitlements
have not been fully paid.

The National Union of Electricity Employees,
NUEE, has directed its members to withdraw
their services from all installations in the event
of provocation by armed military personnel.
A statement signed by the Secretary-General of
the union, Mr. Joe Ajaero, said the plan of the
Federal Government to hand over the power
assets negated the agreement it reached with
the union to resolve all outstanding labour
Mr Ajaero insisted that the gratuity payment
was only 68% completed and that no member
of the union has had their pension
contributions transferred into their retirement
savings accounts.
He said, “those that retired from service since
2011 have not received their benefits totaling
about 19billion Naira. The differences of the
shortfall of the terminal benefits from June 30,
2012 till date have not been considered for
The statement further said “the question of
10% equity shareholding (in the companies) by
the workers as statutorily provided has not
been given attention”.
“While we appreciate and sympathise with the
core investors, we ask for their understanding
and that of the Nigerian public in our pursuit
to ensure a seamless transition. We are
resolute on receiving every kobo owed us, as
we are sure such liabilities will not be borne
by the new investors.”
It will be recalled that the Federal Government
had earlier declared that it would go ahead
with the physical hand over of the company’s
assets to the new owners as scheduled on
November the 1st, as announced by the
Permanent Secretary, Ministry Of Power, Mr
Godknows Igali, after a meeting with Vice
President Namadi Sambo, on the power
privatisation process.

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