The Ministry of Finance Incorporated (MOFI) has been directed by the Federal Government to take over from the Bureau of Public Enterprises (BPE), its equity holdings in the 11 successor electricity distribution companies (DiSCos) of the defunct Power Holding Company of Nigeria (PHCN). To ensure this, the MOFI was instructed, in a memo signed by […]
Tag: Power Holding Company of Nigeria (PHCN)
BPE Announces New Dates For Ex-PHCN Employees’ Verification
The Bureau of Public Enterprises (BPE) on Tuesday announced a change in dates for the verification of ex-staff of the Power Holding Company of Nigeria (PHCN) and the certified Next-of-Kin (NOK) of the deceased ex-staff who were in service between July 1, 2012 and October 31, 2013, scheduled for Monday, May 15, 2023, to Saturday, September […]
BPE To Start PHCN Ex-Staff’s Verification For Severance Benefits
The Bureau of Public Enterprises (BPE) on Tuesday indicated its readiness to commence verification exercise for the payment of the agreed 16-month severance benefits to the bonafide ex-staff of the defunct Power Holding Company of Nigeria (PHCN), including certified Next-of-Kin (NOK) of the deceased ex-staff who were in service between 1st July 2012 and 31st October 2013. […]
TCN Urges Electricity Workers To Suspend Planned Strike
The Transmission Company of Nigeria (TCN) has appealed to electricity workers to suspend their proposed indefinite strike action scheduled to kick off from today (Wednesday) nationwide. The company’s Managing Director, Dr. Sule Abdulaziz, made the appeal in a letter to the workers after the National Union of Electricity Employees (NUEE) in a circular on Monday […]