Thursday, 31 October 2013

NIGERIAN GOVT. HANDS OVER PHCN TO NEW OWNERS TOMORROW



Vice President Namadi Sambo will tomorrow morning perform the formal handover of the Power Holding Company of Nigeria to their new owners.

The ceremony will hold in Abuja by 11am and in all PHCN offices across the federation.
Ahead of tomorrow’s event, the Nigerian government announced today that it has reached an agreement with organised labour for a smooth handover of the firms.
You will recall that disengaged PHCN workers had threatened to disrupt the handover and throw the nation into darkness, if their severance package was not paid before the handover.
Heavy security presence was noticed across PHCN installations in major cities across the federation, possibly to forestall any act of sabotage

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