The Bureau of Public Enterprises (BPE) said it is working closely with the Accountant General of the Federation’s Office to ensure the payment of all outstanding severance liabilities arising from the 2013 privatisation of the power sector in accordance with agreements made with labour unions.
The Bureau also stated that its current strategy is focused on implementing Public Private Partnership (PPP) and concessioning in its transactions.
This was disclosed by the Ag. Director General of the Bureau of Public Enterprises Mr. Ignatius O. Ayewoh, recently when he paid a courtesy visit to the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajero, to seek collaboration with the Labour Union in the ongoing reform and privatisation programme of the Federal Government.
Amina Tukur Othman Head, Public Communications of the BPE said in a statement on Tuesday that Mr. Ayewoh emphasized the importance of collaboration with the labour unions to ensure the welfare of workers during and after government agency reforms.
Mr. Ayewoh highlighted the BPE’s previous successes in various sectors of the Nigerian economy such as telecoms, banking, Eleme petrochemical, and port terminal concessions.
He expressed gratitude to Mr. Ajero and the Union for their past support and urged them to continue partnering with the Bureau, particularly as members of the Technical Committee (TC) of the National Council on Privatisation (NCP).
In response, Mr. Ajero thanked the Ag. DG for the visit and pledged the collaboration of the NLC with the Bureau in its reform activities.
In 2023 the BPE, along with other sister agencies, conducted a verification exercise for the payment of the agreed 16-month severance benefits to former staff of the defunct Power Holding Company of Nigeria (PHCN), including certified Next-of-Kin (NOK) of deceased ex-staff.
The exercise took place in 12 designated centres over four phases across the country.
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