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End Of PHCN As New Firms Take Over …Labour Threatens Showdown

Governor Chibuike Amaechi of Rivers State (middle) with former Minister of Education, Dr Oby Ezekwesili, and Director, Port Harcourt Book Festival, Mrs Koko Kalango, at the Port Harcourt Book Festival in Port Harcourt recently.
Following the Federal Government’s November 1, 2013 deadline for the final unbundling of Power Holding Company of Nigeria and handover of electricity generation and distribution in the country, new investor – companies will take over the affairs of the PHCN with effect from today.
Already, officials of the Ministry of Power, the taskforce on power reform and other stakeholders are expected at the handover ceremony to be performed on behalf of President Goodluck Jonathan by the Permanent Secretary in the Ministry, Dr. Godknows Igali.
The Port Harcourt Electricity Distribution Company will be handed over to a power consortium, which entered into partnership with nine investors that came together under a consortium agreement to bid for acquisition of 60% shares of the company.
A release issued in Port Harcourt and signed by the Administrative Secretary of 4 Power Consortium Limited, Mrs. Precious Nkem Wokocha, stated that the ceremony would hold at the head office complex of the PHEDC in Port Harcourt, today.
According to the statement, “ PHED is one of the eleven distribution companies (DISCOs) that were originally ‘unbundled’ from the Power Holding Company of Nigeria (PHCN)”. “The new company’s functions will continue to be distribution and marketing of electricity in Akwa Ibom, Bayelsa, Cross River and Rivers States in Nigeria’s South- South region”.
“As a private company, we shall breathe new life into PHEDC’s programme of investment and innovation, and this will enable us to become the most efficient and sustainable utility company in Nigeria. That means our customers can expect an increasing reliable power supply and also a far better service,” it added..
Managing Director of Income Electric Limited, one of the partners in the consortium, Mr Matthew Edevbie reiterated the company’s commitment to stimulating economic growth and improving electricity and service delivery in the region. He stated that, the new PHED “will foster a high performing culture that motivates employees to create value and make a difference in the lives of customers and in the communities they live and work.”
He disclosed that the new company’s core functions would continue to be distribution and marketing of electricity in Rivers,Akwa Ibom,Bayelsa and Cross River States in Nigeria’s South-South region.
Also, the Chairman of the new core investors in the project, Sir Augustine Nwokacha said, “as a private company, it will breathe new life into PHED’s programme of investment and innovation, and this will enable us to become the most efficient and sustainable utility company in Nigeria,adding that customers can expect an increasingly reliable power supply and far better services” .
Thousands of disengaged workers of the Power Holding Company of Nigeria, PHCN, have threatened a showdown with the Federal Government, following its plans to physically hand over the defunct company to new investors today. The reason for the showdown, according to some of the PHCN workers who spoke with our correspondents, is the delay in payment of severance benefits of about 35% of the workforce.
In some of the PHCN offices visited by our correspondent across the state yesterday, activities were paralysed while the workers were seen discussing their fate.
Policemen were deployed to some of the PHCN offices to forestall break down of law and order. Policemen were seen at Badia and Marina area offices of the PHCN.
Confirming the likelihood of showdown, PHCN Senior Manager, Public Affairs Ijora district, Ayiwe Peter said that they were not against the hand over, but that they wanted want the government to pay the workers before it handed over. Peter said should the government go ahead to hand over without paying the workers, the union will pull their members out and there would be total black out.
He advised Nigerians to prepare for alternative source of electricity so that they would not be caught up in darkness. Contrary to Bureau of Public Enterprise’s statement that at least 84 per cent of the workers had been paid off, while others would be paid between Wednesday and Thursday, the workers said banks had refused to honour the government’s directive to pay them.
They threatened that if their entitlements were not paid by the end of October, the entire workforce of PHCN in all the 36 states would embark on indefinite strike. They therefore appealed to government to ensure that all the agreements it signed with the workers were met to avert the strike.
“If not, how will they ask us to go and they will not pay us? This is sheer man’s inhumanity to man,” he said. The successor companies expected to be handed over to the new investors include Abuja Distribution Company (owned by KANN Consortium Utility), Benin Distribution Company (Vigeo Power Consortium), Eko Distribution Company (West Power & Gas), Enugu Distribution Company (Interstate Electrics Ltd) and Ibadan Distribution Company (Integrated Energy Distribution & Marketing Limited).
Others are: Ikeja Distribution Company (NEDC/KEPCO Consortium), Jos Distribution Company (Aura Energy Limited), Kano Distribution Company (Sahelian Power SPV Limited), Port Harcourt Distribution Company (4Power Consortium) and Yola Distribution Company (Integrated Energy Distribution & Marketing Limited).
The power generation companies expected to be handed over are Shiroro (owned by North-South Power Company), Kainji (Mainstream Energy Solutions Ltd), Geregu (Amperion Power Distribution) and Ughelli (Transcorp Ughelli Power Plc). Meanwhile, the Permanent Secretary, Ministry of Power, Godknows Igali, said last Wednesday that the Federal Government had disbursed N294.51 billion to the disengaged PHCN workers.
Igali made the disclosure to State House correspondents after a special preparatory meeting to strategise on the November 1 physical handover of PHCN successor companies to private investors.
The meeting was chaired by Vice President Namadi Sambo at the Presidential Villa.
Specifically, Igali said that N214.22 billion was paid as severance benefits directly to the beneficiaries’ personal accounts, while N80.29 billion was paid as gratuity to beneficiaries’ pension fund administrators. He said that out of the 47,913 PHCN members of staff who went through the severance process, 40.093 had been fully paid, leaving out 7,820.
From the 7,820 staff, Igali said that 605 were validated last Tuesday and would be paid before the end of the week. Igali said that the remaining beneficiaries yet to be validated for payment had one issue or the other in their data capturing and electronic payment processes. “Some members in Enugu Distribution Company, about 1,478 have their biometric capture corrupted by virus and a new consultant has been moved to Enugu to recapture them.
“Those workers would not be accommodated.
“Additional 929 other workers from all over the country also had their biometric data corrupted. “This is a usual thing that happens when you are dealing with such large numbers and we are bringing them to Abuja at the expense of government for their biometric data to be recaptured so that they can be paid their entitlement immediately.
“There were also duplications of various natures, names were duplicated and accounts were duplicated. “For example, there are cases where people have three names and while filling, they put only two names,” he said. Igali said there were cases of about 2,500 staff that were very bad, but still being handled by the committee.
The Director-General of the Bureau of Public Enterprises, Mr Benjamin Dikki, said that with the full take-over of the power plants by the private sector, electricity situation would gradually improve.
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Don Lauds RSG, NECA On Job Fair
The National Coordinator of Embedded Ai -EU Erasmus Project in Nigeria, Prof. Bourdillon Omijeh, has commended the Nigeria Employers’ Consultative Association (NECA) and the Rivers State Government for their strategic partnership in organizing the Job Fair 2026.
The Job Fair with theme: “Addressing Youth Employability for Prosperity,” took place at Obi International Conference Center, Port Harcourt, last week.
Speaking as Special Guest, Professor Omijeh stated that result-oriented human capital development and trainings focused on relevant skills is the most effective solution to reducing the high rate of graduate unemployment in Rivers State.
He noted that Nigeria is firmly in the era of the Fourth Industrial Revolution (4IR), driven by technologies such as Artificial Intelligence, Robotics, Machine Learning, Big Data Analytics, Internet of Things, Virtual and Augmented Reality, and 5G.
According to him, these emerging technologies offer enormous employment and entrepreneurial opportunities across critical sectors, including agriculture, power, Telecommunication, oil and gas, healthcare, and security.
He emphasized the growing shift from job seeking to job creation, explaining that youths equipped with 4IR skills can become innovators, solution providers, and founders of startups and new industries.
Professor Omijeh further stated that Nigeria is richly endowed with talented youths capable of competing globally when properly empowered with the right skills, support, and enabling environment.
He called for sustained collaboration between government, the private sector, and educational institutions to build a future-ready workforce and drive inclusive economic growth in Rivers State.
To the over 4000 teeming youths present, Professor Omijeh said, according to Bill Gate, that “Being born poor is not a fault, but remaining poor in a world of opportunity and skills is a responsibility that must be consciously addressed.
“Don’t allow your current circumstances define your destiny. There’s a seed of greatness in you. Sieze any and every opportunity to develop yourself and acquire the requisite skills.
He passionately urged the Rivers State Government to intentionally invest and fund result-oriented training programmes through the strategic Ministry of Employment Generation and Economic Empowerment and Ministry of Youth Development to increase employability and reduce the rate of graduate unemployment in Rivers State.
He thanked the Governor of Rivers State, Sir Siminalayi Fubara, and the Honorable Commissioner for Employment Generation and Economic Empowerment, Dr. Chisom K. Gbali, for this laudable initiative with NECA.
Professor Bourdillon Omijeh is the National Coordinator of the Embedded Artificial Intelligence (EAI) -EU Erasmus Project in Nigeria; Immediate Past Director of Centre for Information and Telecommunication Engineering Uniport, NCC-Chair Occupant on ICT Uniport; TensorFlow four (4) times award winner on Capacity building on Ai & ML -(2021-2024), CEO-Bourdillon Omijeh Foundation.
As a Professional Mentor, he has facilitated the training of thousands of youths on 4IR- Skills with relevant certifications and evidential engagements.
Follow Prof Bourdillon Omijeh on LinkedIn.
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Explore Opportunities, Become Employers, Fubara Urges Rivers Youths
Rivers State Governor, Siminalayi Fubara, has urged youths in the state to take advantage of the vast opportunities available to become employers of labour and contribute meaningfully to growth and development.
Fubara said global trends increasingly favour entrepreneurship and innovation, stressing that youths in Rivers State must not be left behind in harnessing such opportunities.
Represented by the Secretary to the State Government, Dr Benibo Anabraba, the governor stated this while declaring open the 2026 Job Fair organised by the Rivers State Government in partnership with the Nigeria Employers’ Consultative Association in Port Harcourt, yesterday.
Speaking on the theme, “Addressing Youth Employability for Prosperity,” the governor acknowledged the responsibility of government to create jobs for its teeming youth population but noted that it was unrealistic to absorb all job seekers into the civil service.
“As a government, we recognise our duty to provide employment opportunities for our teeming youths. However, we also understand that not all youths can be accommodated within the civil service.
“This underscores the need to encourage entrepreneurship across diverse sectors and to partner with other stakeholders, including the youths themselves, so they can transition from being job seekers to employers of labour,” he said.
Fubara further urged participants to continually sharpen their skills and explore opportunities within their immediate environment and the global space through digital platforms.
He reaffirmed his administration’s commitment to sustaining peace and providing an enabling environment for youths to develop their potential and thrive.
In a goodwill message, the Commissioner for Employment Generation and Economic Empowerment, Dr Chisom Gbali, said the job fair was designed to equip youths with contemporary skills, innovation and mentorship needed to transform them from unemployable to resourceful individuals.
Gbali disclosed that the ministry had rolled out various training and capacity-building programmes in areas such as ICT and artificial intelligence, oil and gas, maritime, and the blue economy.
Delivering the keynote address, the Head of the Department of Human Resources Management, Rivers State University, Dr Chris Biriowu, advised participants to remain informed about evolving sources of employability.
He said the labour market was dynamic and shaped by industry-specific demands, technological advancement, management practices and other emerging factors.
News
King Jaja Impacted Beyond Rivers -Deputy Gov
Rivers State Deputy Governor, Professor Ngozi Odu, has poured accolades on late Amayanabo of Opobo, HRM Dandeson Douglas Jaja V, saying his footprints went beyond the State.
Speaking during a condolence visit to the wife of the late king, Prof. Odu said the late monarch contributed meaningfully beyond the shores of Rivers State.
“He contributed not only to Opobo, not only to Rivers State, but to Nigeria as a nation. We all know the various positions he held until his passing. For us as a Commission, we are really going to miss him greatly, especially at this time when his guidance was most needed,” she stressed.
She described the late king as a distinguished traditional ruler whose life and service contributed immensely to the development of Rivers State and Nigeria at large.
The deputy governor, who also serves as Chairman of the Rivers State Boundary Commission, noted that until his demise, King Jaja was an Ex-Officio member of the Commission, representing Rivers South East Senatorial District.
According to her, the late monarch actively participated in several meetings of the Commission and played an important advisory role.
“He actually participated with us in a couple of meetings. It was with great shock that we received the news of his passing. We saw daddy as someone who was very strong, healthy and athletic,” Prof. Odu said.
Prof. Odu explained that the Commission relied heavily on the wisdom of traditional rulers like the late monarch to ensure that its responsibilities were carried out properly and conscientiously.
She assured the family of the Commission’s continued support, saying they will remain close to the family throughout the burial arrangements and beyond.
Addressing the widow, Queen Prudence Dandeson Douglas Jaja, Prof. Odu said the visit was to commiserate with her and encourage her during the period of mourning.
“Please accept our condolences. Please be strong and put your hope in God. The God who watches over widows will never abandon you,” the deputy governor prayed.
“We cannot question God. What has happened has happened. All we can do is to pull ourselves together. That is why we are here to pray that the Holy Spirit will strengthen you, that God will turn your sadness into joy and clothe you with a garment of beauty,” she added.
Responding, Queen Jaja described her late husband as a gentle, humble man who was deeply committed to the progress of Rivers State, and Nigeria at large.
She expressed gratitude to the deputy governor and other members of the Boundary Commission for identifying with the family in their moment of grief.
“We are praying that his soul will rest in perfect peace. I thank you very much for coming to console me at this trying moment. Seeing you here has given me comfort. God bless each and every one of you,” she said.
She also offered prayers for the delegation, wishing them a long life and good health.
Highlight of the visit was the presentation Letter of Condolence from the Rivers State Boundary Commission to Queen Jaja.
Kevin Nengia
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