Categories: News

BREAKING: 50% Salary Increase Approved For Workers Over Economic Hardship

BUA Group has announced a 50% salary increase for workers over economic hardship in Nigeria.

 

 

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CityNews Nigeria reports that the Chairman of BUA Group, Abdul Samad Rabiu, has announced a 50% salary increase for all staff members.

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This Nigeria news platform understands that the decision was communicated through an internal memo signed by Mr. Mohammed Wali, BUA’s Head of Human Resources, on Sunday in Lagos. 

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According to the memo, Rabiu highlighted that the salary adjustment aims to alleviate the economic challenges prevailing in the country.  

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The increment applies to both permanent and non-permanent staff and will be effective from February 1, 2024. 

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It stated, “Sequel to the above development, the Human Resources and Finance departments are processing the increase to ensure that it is captured in the February 2024 payroll.

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“It is hoped that with this magnanimous gesture, we will be more committed to our duties and put in our very best to justify the confidence reposed in us,” 

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