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FG set to pay former workers of Savannah Sugar



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After 17 years of disengagement from the service of the company, former workers of Savannah Sugar Company Limited would soon be paid the balance of their terminal benefits.

Recall that the workers were disengaged in 2002 when the company was privatized by the Federal Government.

Pension Transitional Arrangement Directorate, (PTAD), in a statement, noted that at the verification exercise which took place between February 4 and February 13, 2019 in Jimeta – Yola, Adamawa State, a total of 1,621 ex-workers and Next of Kins,(NOK) who presented themselves for the exercise were successfully verified and their biometrics captured.

Executive Secretary of PTAD, Sharon Ikeazor, disclosed that the verification was for the payment of the balance of the one-off terminal benefits paid to them by the Bureau of Public Enterprises (BPE) in 2002 at the time of privatization.

She explained that former workers in the diaspora who did not take part in the exercise had been assured that they could be verified at PTAD headquarters, Abuja or PTAD North East Regional office in Yola, Adamawa State.

 According to her, the Directorate assured that preparations for the verification of all other treasury funded parastatals, including defunct/privatised agencies, has been completed and will commence shortly across the country.

 Ikeazor further stated that the verification was in line with President Muhammadu Buhari’s promise to resolve and ensure the accurate computation and payment of the balance of the one-off terminal benefits for the workers who were disengaged in 2002 when the company was privatised.

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