The Minister of Power, Prof. Chinedu Nebo, has advised the Power Holding Company of Nigeria (PHCN), workers to invest their severance package wisely when paid.
Nebo gave the advice at a question and answer session with the media and labour unions in Eko Electricity Distribution Company in Lagos.
"I want to urge all of you to ensure that when the severance package is paid into your account, you should plan on it and spend it wisely.
"The money should be spent meticulously and avoid unnecessary flamboyance spending that will attract robbers and wastages,’’ he said.
The minister, however, assured workers that their package will be paid as agreed and directly into their account in batches.
He urged them to invest the money in their children's education so that it would not look as if their children did not benefit from their suffering and hard labour.
However, some union members cautioned Federal Government to reduce the rate of publicity on the package, to avoid being attacked by hoodlums.
Nebo gave the advice at a question and answer session with the media and labour unions in Eko Electricity Distribution Company in Lagos.
"I want to urge all of you to ensure that when the severance package is paid into your account, you should plan on it and spend it wisely.
"The money should be spent meticulously and avoid unnecessary flamboyance spending that will attract robbers and wastages,’’ he said.
The minister, however, assured workers that their package will be paid as agreed and directly into their account in batches.
He urged them to invest the money in their children's education so that it would not look as if their children did not benefit from their suffering and hard labour.
However, some union members cautioned Federal Government to reduce the rate of publicity on the package, to avoid being attacked by hoodlums.
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