BPE Remits N370b To PHCN

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The Bureau of Public Enterprises (BPE) has remitted a total of N370 billion to the Office of the Accountant General of the Federation (OAGF) for payment of the former employees of the defunct Power Holding Company of Nigeria (PHCN)

This is contained in a statement made available to journalists and signed by the Head, Public Communications of the Bureau, Chigbo Anichebe, on Monday in Abuja.

Mr. Anichebe said the committee on the settlement of labour liabilities in the power sector chaired by the Permanent Secretary, Federal Ministry of Power, Godknows Igali, made the payments through the Office of the Account General of the Federation, OAGF.

“The Director-General of the BPE, Mr Benjamin Dikki, has stated that 45,136 staff out of 47,913 staff have been verified to date for payment. A total of N370 billion has been remitted to the OAGF for payment of the former employees of the defunct PHCN.

“Also after the bureau’s nationwide field verification of the possible 4,194 PHCN retirees, 2,931 or their next of kin have been verified leaving 1,163 yet to be verified. The verification exercise is the bureau’s way of making extra effort to ensure that the outstanding pensioners were verified and paid their entitlements expeditiously,” it said.

Mr. Anichebe said the pensioners or their next of kin, who had not been verified, are advised to do so before April 2.

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