Business
Association Okays PHCN Severance Package Committee
The Senior Staff Association of Electrical and Allied Companies has expressed the hope that the inauguration of the implementation committee on severance packages will address the workers’ issues.
The President-General of the association, Mr Bede Opara, said this in an interview with newsmen in Lagos while commenting of the situation of the disengaged Power Holding Company Nigeria (PHCN) workers.
Opara said that the inauguration of the committee should have been done immediately after the completion of the negotiation between the union leaders and government representatives in January.
He, however, commended the government for listening to the recommendations of the union by setting up a committee to decide the actual take home of the workers.
“The committee will now decide the actual amount to pay the PHCN workers, because we do not know how the government came to N384 billion that was announced earlier.”
Opara said the implementation committee would be the final stage of the disengagement of the PHCN workers in order to actualise a total hand over of the sector to the private investors.
It would be recalled that the Federal Government had announced on Febuary 20 that it would immediately commence the payment of N384 billion severance packages to the workers.
The PHCN workers, under their different unions, rejected the offer barely 24 hours after the government’s pronouncement and called for the setting up of an implementation committee to decide their actual packages.
The Tide reports that the Federal Government on March 7 set up an implementation committee to meet with the union leaders to negotiate the actual total severance packages