The payment of the disengagement benefit had been the crux of the unresolved labour issues that had set the organised labour against government.
The situation also led to the stalling of the privatisation of PHCN and government reform agenda in the power sector.
The Minister of Labour and Productivity, Mr Emeka Wogu, however, told State House correspondents in Abuja that the President’s approval was in line with the agreement reached between the PHCN labour union and the Government.
Wogu said that the payment of the severance package would commence on Thursday.
“I want to inform you that the agreed benefit accruing to staff of PHCN in the last negotiation between government and the labour union has been approved for payment by the President and Commander In-Chief of the Federal Republic of Nigeria Dr Goodluck Ebele Jonathan (GCFR).
“Payment of the agreed sum will commence immediately and we expect that the proceed leading to the payment will begin by tomorrow, effectively.
“And that brings to an end the issues of labour and non-payment of benefit to an end.”
Wogu assured that the exercise would be carried out in a transparent manner and expressed the hope that the gesture would bring to an end the disagreement between the two parties.
While thanking the PHCN staff for their patience and understanding, the minister appealed to them to support the government towards ensuring the successful implementation of the ongoing power reform programme.
(NAN)
Jonathan orders payment of N384bn severance package to ex-PHCN staff
Goodluck Jonathan on Wednesday directed the immediate payment of N384 billion severance package to disengagement staff of the Power Holding Company of Nigeria (PHCN).













Comments
What next ?
Secondly ,most display a colonized mentality where they are only to happy to retain the worst of colonization by imposing far more injustice on their own population than even the British.Nothing is being done about the ecological disaster in the Niger Delta far worse than the Shell oilspill in the US or the transfer of money meant to improve the standard of living of the people directly into personal accounts or the physical abuse of children(undera ge nannies,housebo ys as indentured slaves for example) or women but everyone is eager to talk about God or Allah and condemn homosexuality as a white man`s disease.
When will people realize that not paying one`s salary or pension for 6 months or more should be treated as a crime against humanity ?