Connect with us

Business

PHCN retirees seek review of power project, others

Published

on

in from Ali Smart . . .

Retirees of the Power Holding Company of Nigeria (PHCN) have impressed on President Muhammadu Buhari the need to revisit the sale of PHCN facilities as part of the power sector probe.

Amasa Idris, who led the pensioners to Gombe at the weekend to press for their backlog of unpaid pension and arrears, said the review of the PHCN property was inevitable because: “PHCN buildings and the National Integrated Power Project (NIPP) were not included in the agreement.”

PHCN pensioners, he observed, live in penury as a result of their unpaid pension as many of them cannot afford to meet their financial obligations.

Read also: Pensioners, First Bank square up over poor welfare

Idris said: “We pensioners are in great financial difficulty because of the non-payment of our pension and arrears as most of us do not have alternative means of income and cannot even pay our children’s school fees. The last Sallah celebration was the worst most of us ever had as none of us could slaughter even a lamb not to talk of a ram and meeting up with other things.”

President Buhari, Idris stressed, “Needs to know that PHCN pensioners have not been paid their pensions for December 2014, August and September 2015.”

RipplesNigeria …without borders, without fears

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now