By VICTOR AHIUMA-YOUNG

LAGOS — WORKERS of the Power Holding Company of Nigeria, PHCN, have begun massive mobilisation to stop any discreet hand-over of the assets of PHCN by the Federal Government to private sector individuals without settling labour issues especially full payment of terminal benefits.

Under the aegis of the National Union of Electricity Employees, NUEE, the workers faulted Minister of Power, Professor Chinedu Nebo’s claim that 70 per cent of staff had been paid exit package, on which basis he allegedly commenced clandestine moves to hand over PHCN facilities to successor investors.

NUEE in a statement in Lagos by its professionals group, insisted that less than 50 per cent of PHCN workers had so far received part of their exit benefits while others were yet to receive anything, warning that any move by government to hand over PHCN to the intended investors would be resisted by the workers, unless full payments and other issues were fully resolved.

The statement by Gabriel Egbadekwu, Vice President (Professionals), said, “We have been irked by the claim of the Minister of Power (Prof. Nebo) that seventy per cent of PHCN staff have been paid their exit package.