No fewer than 48 workers have
been allegedly sacked by Dangote Group due to the economic recession in the
country. Vanguard gathered that those affected were 36 expatriate and 12 local
staff serving in Dangote Cement Plc and Dangote Industries Limited. Further
findings showed that the reason for their sack was in connection with the
current high cost of running business in the country, occasioned by
unavailability of foreign exchange and the unprecedented hike in exchange rate.
In a letter signed by the President/CEO, Dangote Group, Alhaji Aliko Dangote,
dated October 20, 2016 and obtained by our correspondent, Dangote stated that
the group was constrained to take the ‘tough’ decision because of the present
high cost of production. The letter, entitled Recent Retirement Exercise,
however, appreciated those affected, thanking them for their contributions to
the group.
Read more at:
http://www.vanguardngr.com/2016/10/recession-dangote-group-sacks-48-workers/
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