Special Report

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PHCN on edge: Battling over staff severance benefit

The percentage difference between the Contributory Pension Scheme (CPS) under Pension Reform Act 2004 and the Defined Benefit Scheme (DBS) run from superannuation fund in calculated monetary terminal benefits of Power Holding Company of Nigeria (PHCN) workers among other related issues, have caused serious labour upheaval in the power sector.

Why PHCN workers don’t want electricity

The current impasse over the takeover of management of the Transmission Company of Nigeria, TCN, by the Canadian firm, Manitoba Hydro International, has brought into sharper focus the challenge of implementing power reform that would ensure provision of adequate and stable electricity for millions of Nigerian businesses and homes.

Consumers clamour for PHCN to be privatized

To me, privatizing PHCN is overdue in this nation. By overdue I mean there is gross inefficiency in the system. People are billed for what they did not consume and you cannot sue PHCN. The management is inefficient and there are lots of fraudulent activities going on in the sector.

S-West big wigs endorse Mimiko

AKURE, the Ondo State capital stood still for over five hours as the state governor, Olusegun Mimiko, made known his intention to contest the October 20 governorship election.

Ghana’s Atta Mills dies at 68

Ghanaian President John Evans Atta Mills died of cardiac arrest yesterday at a military hospital in Accra on the day he was scheduled to be in Abuja on a one day working visit.

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