NIGERIA (Abuja) –Following delay in process of payment for the last batch of disengaged Power Holding Company of Nigeria (PHCN), the Federal Government has ordered that some banking institutions handling the payment should be investigated.

The above was disclosed by the Minister of Power, Professor Chinedu Nebo, during a meeting with the Minister of Labour, new owners of PHCN successor companies and other power sector stakeholders yesterday in Abuja.

He described the situation as embarrassing, adding that a payment instruction given on December 10 to a particular commercial bank had not been transferred to the account of the Accountant-General of the Federation, 13 days after.

The Power Minister said the meeting was called to resolve issues of labour relations between the new owners and the workers, to prevent disharmony that could hinder speedy delivery of power to Nigerians, as envisioned by President Goodluck Jonathan’s transformation agenda.

In his remark, the Labour Minister, Emeka Wogu, urged the new owners to comply with the provisions of Nigeria’s labour and International Labour Organisation 1949 Convention which support the existence and operation of workers’ unions.