Latest news on phcn strike

The PHCN (Power Holding Company of Nigeria) strike refers to the ongoing industrial action by the National Union of Electricity Employees (NUEE) and the Senior Staff Association of Electricity and Allied Companies (SSAEAC) against the management of PHCN. Here are some of the latest news updates on the strike:

Latest Updates:

  1. Strike Enters 10th Day: The strike by PHCN workers has entered its 10th day, with no signs of a resolution in sight. The unions are demanding better working conditions, improved salaries, and the implementation of the 2013 Collective Bargaining Agreement (CBA).
  2. Government Intervention: The Federal Government has intervened in the strike, with the Minister of Labour and Employment, Chris Ngige, meeting with the unions and PHCN management to resolve the dispute. However, the unions have rejected the government's offer, saying it does not meet their demands.
  3. Power Outages: The strike has led to widespread power outages across the country, with many areas experiencing prolonged blackouts. This has caused inconvenience to residents and businesses, and has also affected the economy.
  4. Economic Impact: The strike has had a significant impact on the economy, with many industries and businesses affected by the power outages. The Nigerian Stock Exchange has also been affected, with many stocks experiencing a decline in value.
  5. International Community: The international community has expressed concern over the strike and its impact on the country's economy. The International Labour Organization (ILO) has called on the government and the unions to resolve the dispute amicably.

Previous Updates:

  1. Strike Begins: The PHCN strike began on November 16, 2022, after the unions gave the management a 14-day ultimatum to meet their demands.
  2. Demands: The unions are demanding better working conditions, improved salaries, and the implementation of the 2013 CBA. They are also seeking the removal of the PHCN management and the appointment of a new management team.
  3. Government Response: The government has responded to the strike by saying that it is willing to negotiate with the unions to resolve the dispute. However, the unions have rejected the government's offer, saying it does not meet their demands.
  4. Power Generation: The strike has affected power generation in the country, with many power plants shut down due to the lack of fuel and maintenance. This has led to a significant decline in power supply across the country.

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