The Federal Government has approved N1.371 billion for the settlement of the entitlements of the ex-workers of aviation ground handling service provider- Skyway Aviation Handling Company (SAHCO) Plc.
The approval was granted by the National Council on Privatisation (NCP) chaired by Vice President Yemi Osinbajo.
This was disclosed on Sunday by a Senior Special Assistant to the President on Media and Publicity in the Office of Vice President Laolu Akande in a statement.
The Bureau of Public Enterprises (BPE) Director-General Alex Okoh had presented a memo to Council seeking approval for the payment of the money due to the ex-workers
Okoh also informed the Council of the notice of “peaceful protest” received from ex-workers, who are also members of the National Union of Air Transport Employees (NUATE) and Air Transport Services Senior Staff Association of Nigeria (ATSSAN), on account of non-payment of their outstanding severance entitlements after the disengagement of the workers from the company following its privatization in 2009.
After deliberation on the matter, the Council approved the money. The Council also received an update on the development of a 1,650 Mega Watts Hydro Power Plant in Makurdi, Benue State, particularly the inauguration of the Project Steering Committee and the proposed publication on the Expression of Interest for the engagement of a Transaction Adviser for the project.
Regarding the update on the concession of the Zungeru Hydroelectric Power Plant, the Council was informed that Requests for Qualification (RfQs) were received from 11 Consortiums, out of which 3 (NSP Consortium, Mainstream Energy, and Africa Plus Partners) were shortlisted present proposals for the concession.