PHCN


Also found in: Acronyms.

PHCN

Abbreviation for:
Public Health Commissioning Network
References in periodicals archive ?
According to the memo, the contract was signed between 2003 and 2005, but the PHCN did not fulfil its own obligation, which forced the suppliers to head to the court for redress.
Objective: PHC nurses and key stakeholders will be aware of the vision, goals and objectives of the NZNO PHCN Council.
One problem is that when there is no power from PHCN or the university, staff cannot use the cybercafe connection from their offices, while the cybercafe is using its own generator.
Nnaji said after the sack, the 18 companies carved out of PHCN would be handed o ut to private investors, and that US$900 million would be set aside for the severance package of the workers to be laid off.
She said: "With most of the operators having just acquired PHCN successor Generation Companies, they could hardly afford the reduced income due to the shortfall in revenues for reasons that I have just set out.
The PHCN is a grossly inefficient company which has failed to convert the oil-fired plants to use natural gas, with NGC having fallen way below its gas supply targets.
However, even if both elements are achieved, most new power plants are likely to be developed as independent power producers (IPPs) by foreign investors rather than the PHCN.
Jonathan also said that a total of 57 billion naira (US$ 1 = 150 naira) had been earmarked for the settlement of all outstanding arrears, gratuities and pension s of PHCN workers and that this would be paid before the end of the year.
Towards winding down the PHCN, the Nigerian government has settled pension and labor liabilities, transferred creditor and debt obligations of the national power company to a state-owned debt management company and created a bulk trading company which will engage in wholesale electricity trading until distribution companies can achieve credit-worthiness.
In late February 2013, the final contracts for the privatisation of most of Nigeria's generation and distribution capacity, formerly operated by the PHCN, were signed in Abuja.
According to him, this fact came to his knowledge only during the course of evaluating the consortia that were bidding for PHCN successor companies.