The Bureau of Public Enterprises in collaboration with Nigerian Exchange Group and Nigerian Investment Promotion Commission, presents a one-day Investors Webinar on:
PHCN VERIFICATION EXERCISE
BPE Announces New Dates For Ex-PHCN Staff Verification
The Bureau of Public Enterprises (BPE) has announced a change in dates of a segment of the schedule for the verification of ex-staff of the Power Holding Company of Nigeria (PHCN) and the certified Next-of-Kin (NOK) of the deceased ex-staff who were in service between July 1, 2012, and October 31, 2013, scheduled for Monday, May 15, 2023, to Saturday, September 9, 2023.
Announcing the date change in a statement on Thursday, May 25, 2023, the BPE said that Phase Two of the exercise earlier scheduled for Monday, June 19, 2023, has been brought forward to take place from Monday, June 12, 2023, to Saturday, June 24, 2023, in Benin, Ibadan, Jos, Kano and Yola (12/06/2023 – 17/06/2023). This is to avoid disturbing our Muslim brothers and sisters who will be observing the Eid Kabir cerebration during the last week in June 2023.
It advised all those concerned to take the exercise seriously as there would be no other exercise after this.
“The defunct PHCN’s bonafide ex-staff, their relevant Unions and all other key stakeholders are to please, note that there will be no other verification exercise once this is concluded”, BPE said.
Recall that the Bureau had earlier released the schedule for the exercise which is a prelude to the payment of the agreed 16-month Severance benefits to the bona-fide ex-staff of the defunct Power Holding Company of Nigeria (PHCN) including certified Next-of-Kin (NOK). It will hold in 12 designated centres in four (4) phases across the country at Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos, Kaduna, Kano, Maiduguri, Port Harcourt and Yola.
TAKE NOTICE that International Trade Fair Complex (LITFC) situated at Badagry Road in Lagos State and other lands and developments thereon is public land and property vested in the name of the Federal Government of Nigeria (FGN) under the superintendence of the Bureau of Public Enterprises (BPE). The Lease Agreement that was hitherto executed by the FGN in favour of Aulic Nigeria Limited has been validly terminated and possession reverted to the FGN with effect from 23rd day of August 2017. Consequently, the Federal Government through the National Council on Privatisation directed the reconcession of about 100 Hectares of the LITFC, inclusive of the areas covering Hall 4 and adjoining parcels of land.
BPE-CAVEAT-EMPTOR-March-2023.pdf (43161 downloads)