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    18 Aug 2012

    PHCN staff disagrees over FG planned 7.5 per cent pension deductions

    The National Union of Electricity Employees on Friday introduced a new twist to its face-off with the Federal Government.

    It asked the Presidency to direct the Minister of Power, Barth Nnaji, to withdraw a circular sent to the Power Holding Company of Nigeria to commence 7.5 per cent pension deductions.
    In a statement obtained by one of our correspondents in Abuja, NUEE counsel, Mr. Bamidele Aturu, called on the government to intervene in the matter in the interest of peace.
    Aturu said it had become necessary to “clarify certain misconceptions and misleading positions by those who clearly have selfish motives to advance in respect of the so-called power sector reform.”
    He said, “One grey issue which has bogged down negotiations between management and the unions is the unilateral directive issued to the PHCN and by implication to the distribution companies by the Minister of Power, to commence the 7.5 per cent pension deductions the employer and the salaries of employees of PHCN in July 2012 in spite of or outside the existing Contributory Pension Scheme contained in the Conditions of Service of the workers and in the Superannuation Fund.

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