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Tag Archives: bidders

FG Paid N119.2bn Severance Benefit To PHCN Workers

Posted ago by admin

  The federal government said yesterday that it had so far paid a total of N119.17 billion as severance benefits to staff of the Power Holding Company of Nigeria (PHCN). The government also gave the assurance that the power sector reform …

Mass Sack Imminent, As New Owners Takes Over PHCN

Posted ago by admin

  The sack of over 20,000 or 37 per cent of the estimated 54,000 workers of the Power Holding Company of Nigeria (PHCN) became imminent at the weekend, as the Federal Government insisted that it would hand over the company …