All posts tagged "PHCN"
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Manufacturers fuel generators with N42bn in 20 months
Industrialists, under the aegis of the Manufacturers Association of Nigeria, spent over N42bn to fuel about 5,480 units of diesel/gas-powered generators in the last 20 months. The President, MAN, Chief Kola Jamodu, who gave this indication at...
- Posted September 26, 2013
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PHCN workers vow to resist power firms’ handover
Employees of the Power Holding Company of Nigeria have vowed to resist the takeover of the electricity distribution and generation companies by the successful buyers until all outstanding payments are made. The workers’ position contradicts the recent...
- Posted September 9, 2013
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FG pledges to pay off PHCN casual staff
THE Federal Government Thursday promised to pay terminal benefits and gratuity to all staff of Power Holding Company of Nigeria, PHCN, including those on casuals. It also pledged to wage war against casual/contract staff in the banking...
- Posted June 7, 2013
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FG orders sack of 20,000 PHCN workers
THE Federal Government has ordered the retrenchment of no fewer than 20,000 workers of the Power Holding Company of Nigeria, PHCN, ahead of takeover by successful bidders of its assets. Vanguard gathered that the Bureau for Public Enterprises,...
- Posted April 29, 2013
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Electricity: Deadline for Kaduna, Afam bidders ends today
Investors bidding for the Kaduna Distribution Company Plc and Afam Power Plc must submit their technical and financial proposals by the end of today (Tuesday), which is the deadline for the submission of the proposals. The Head,...
- Posted April 16, 2013
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PHCN business manager calls for training of marketers to enhance accurate meter reading
Mr Emmanuel Ilesanmi, PHCN Business Manager in Omu-Ara in Kwara, has suggested intensive training of PHCN marketers to enhance prompt and accurate reading of meters. Ilesanmi made the suggestion at a stakeholders’ forum in Omu-Aran on Wednesday...
- Posted March 14, 2013
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FG pays N384billion entitlements of PHCN staff
The Federal Government has announced the payment of N384billion for all outstanding entitlements of staff of the Power Holding Company of Nigeria (PHCN). The Minister of Labour, Emeka Wogu who briefed alongside the minster of Power, Chinedu...
- Posted February 21, 2013
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Power privatization: FG to sign deal with winners soon
In its efforts towards boosting the confidence of investors in the transformation agenda of President Goodluck Jonathan, the Federal Government had assured Nigerians of its willingness to sign all necessary agreements with the bid winners of...
- Posted February 21, 2013
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FG orders PHCN to import prepaid meters
The Federal Government has directed the Power Holding Company of Nigeria, (PHCN), to import commercial number of new pre-payment meters for distribution to consumers nationwide. The importation of the meters is aimed at ending the exploitation of...
- Posted February 14, 2013
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FG and PHCN Reach Settlement, Privatization To Be Fast-Tracked
The long battle between the Power Holding Company of Nigeria workers and the Federal Government has ended as the Federal Government on Tuesday agreed to sign an agreement with the workers’representatives on the payment of their severance...
- Posted December 13, 2012