BPE moves to address ex PHCN workers’ terminal benefits

BPE signboardThe Bureau of Public Enterprises (BPE) will commence a tour of designated centres across the country beginning Wednesday, 29th January 2014 to address residual issues related to the settlement of the terminal benefits of the Staff of the defunct Power Holding Company of Nigeria (PHCN).

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.

The tour will 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. The sub committee’s work is expected to last two weeks from January 29 to February 12, 2014.

The itinerary released indicates that the tour will take place simultaneously at the following centres: (Abuja) -PHCN Corporate Headquarters, (Lagos) – Ikeja DISCO, (Port-Harcourt) –PH Disco Zonal Office, (Kaduna) -Disco Zonal Office and (Bauchi) – Bauchi Business Unit.

All PHCN staff with pending issues are advised to take advantage of the new initiative and visit the designated venues from 10 am – 5pm each day with their complaints.

All staff having pending issues are advised to contact their Successor Companies’ Human Resources Departments for further information and modalities.

It would be recalled that as at December 20, 2013, 43,375 out of the 47, 913 PHCN workers had been cleared and paid their terminal benefits and pensions, totalling N361, 024, 432, 338.48 billion. This represents 95 percent of the total staff.

Those yet to be paid have issues, prompting the Federal Government to set up a Technical Committee to address those issues

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