The Federal Government yesterday announced that it had resolved the disagreement with workers of the Power Holding Company of Nigeria.
The workers had on Monday embarked on a nationwide protest following Federal Government’s decision to hand over share certificates to the core investors in the PHCN successor companies.
A statement issued by the Permanent Secretary, Ministry of Power, Dr. Goodnews Igali, read ''The payment implementation committee had resolved all contending issues and promised that before the end of this week, at least over 38,000 PHCN workers would have been paid their terminal benefits.
He blamed the hiccups experienced in the course of the payment on the large number of people involved, adding that the government had enough fund to complete the process.
Igali commended the PHCN labour unions for their show of patriotism, saying that, 47,000 employees, 45,
366 persons had so far been captured, and that the remaining persons would be captured after the Office of the Accountant-General of the Federation finalises its processes.
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