Ex-Workers of Savannah Sugar Company Ltd Get N1.024bn

August 4, 2019

By Dipo Olowookere

The sum of N1.024 billion has been paid to former employees of Savannah Sugar Company Limited (SSCL) as their outstanding severance package.

The money was paid to 1,596 verified eligible beneficiaries by the Pension Transitional Arrangement Directorate (PTAD).

It was stated that 1,192 former members of staff of the firm were given N723.6 million, while 404 next of kin received N300.9 million.

A statement issued by the agency disclosed that this 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.

Meanwhile, PTAD has advised ex-workers in the diaspora who did not take part in the verification and biometric capture in Jimeta, Adamawa State in February 2019 to visit PTAD HQ, Abuja or PTAD North East Regional office in Yola, Adamawa State when they return to the country for the exercise.

The agency said these set of people would be required to present the original and photocopies of their career documents, original stamped and signed bank statement for one month, BVN Slip with clear picture (stamped and signed by the bank), valid means of Identification and one colour-passport photograph.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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