Power Holding Company of Nigeria (PHCN) workers go on nationwide strike

Workers of the Power Holding Company of Nigeria (PHCN), on Wednesday, began an indefinite industrial strike action.
The workers are protesting the nonpayment of their monetisation arrears among others. The workers, under the aegis of National Union of Electricity Employees, had on Monday, released a memo instructing all members to lock all the gates to PHCN's offices and installations nationwide.
The workers' strike is coming two days before President Goodluck Jonathan is scheduled to unveil his power generation and distribution blue print. The workers are also protesting the procedure that government plans to adopt in the privatization of power distribution.
Mr Jonathan had, on Monday, approved the sale of 11 power firms, which are subsidiaries of the power company. The government insisted that this move will help to checkmate the high aggregate technical, commercial, and collection losses suffered in the course of electricity generation and distribution in the country.

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