• Govt releases MYTO funds
Winners of the successor firms unbundled from the Power Holding Company of Nigerian (PHCN) are to assume possession of the companies by July, the Minister of State for Power, Hajiya Zainab Kuchi, has said.
Hajiya Kuchi said the new date, which is in line with the Bureau of Public Enterprises’ (BPE’s) timeline for the privatisation of PHCN, was chosen to allow for the resolution of outstanding issues between PHCN staff and the Federal Government.
Kuchi, who spoke to reporters in Abuja, noted that the ministry had taken over the challenges and addressed them.
According to her, the fund for the workers’payment is available and the ministry that is computing the data would pay the workers in June.
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