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PHCN Workers Threaten To Resist Takeover By Investors

Barely 24 hours after the federal government ordered the retrenchment of 20,000 workers of the Power Holding Company of Nigeria (PHCN) ahead of the takeover … Continue reading PHCN Workers Threaten To Resist Takeover By Investors


Barely 24 hours after the federal government ordered the retrenchment of 20,000 workers of the Power Holding Company of Nigeria (PHCN) ahead of the takeover by successful bidders of its assets, the National Union of Electricity Employees (NUEE) in the northwest zone, have threatened to resist any form of takeover by any bidder until their entitlements are fully paid to them.

They regretted that the federal government had decided to truncate the implementation of the collective agreement reached with the unions on the terminal benefits of workers in December 2012.

Briefing journalists at the end of their meeting in Kaduna, the Assistant Secretary of the union, Moses Ahmedu, directed members to shut down the power installations once any worker is sacked without a financial package in line with the December 2012 agreement.

Stating that the workers are not against the federal government’s privatization of the power sector, the workers warned the new investors to stay away from any PHCN installation in the zone until they are fully paid off their terminal benefits.

On the drop in electricity supply being witnessed across the country, the electricity workers blamed it on the federal government for its failure to conduct a routine turn around maintenance on the various power installations in the country.