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FG approves N1.3bn for SAHCO’s ex-workers

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.

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