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FG begins payment of PHCN workers’ severance package

By on August 7, 2013

The Office Accountant General of the Federation (AGF) has commenced the payment of N34.585 billion to 3,938 staff of Power Holding Company of Nigeria (PHCN).

The affected workers are those of Generation Companies (GENCO) and the PHCN Headquarters.

According to an official of the Implementation Committee on the settlement of PHCN staff terminal benefits headed by Godswill Igali, names of the affected staff had been forwarded to the OAGF for payment.

The official noted that “as at August 5, another 16,366 staff of the Distribution Companies (DISCOs) had been cleared by the auditors and are ready for onward transmission to the OAGF for payment and the amount is N84.5 billion.”

The official added that, “so far 20,304 workers have been cleared. Hopefully, more staff would be cleared by the auditors before the end of this week as it is a continuous process.”



[The Nation]