Economic recession has hit Dangote Group as it has reportedly sacked 48 of its workers. Inside sources claim 36 expatriates and 12 local staff serving in Dangote Cement Plc and Dangote Industries Limited were relieved of their jobs last week Thursday October 20th.

A letter signed by chairman of the group, Aliko Dangote, states that the company is currently embarking on restructuring due to high cost of production in both factories.


The letter states that this year has been the most difficult for the group. Part of the letter reads

“This year has been a very challenging one for us as a business. The unavailability of foreign exchange, coupled with an unprecendented hike in exchange rate has resulted in increased costs across the organisation. This called for a proper review and adjustment of our costs across board to ensure efficiency and effectiveness in the deployment of our factors of production in a bid to eliminate redundancy that we know exist, which resulted in some tough decisions which means losing staff, including some of our colleagues. On Friday, October 14, 2016, we began the process of staff cutbacks as it is imperative to review our human capital deployment for required cutbacks that would ensure efficiency and eliminate redundancies in the allocation of human resources. This first phase of this exercise involved the cutback of 36 expatriate staff across the Dangote Cement Plc and Dangote Industries Limited and 12 local staff in Dangote Industries Limited.”


http://aljazirahnews.com/index.php/2016/10/24/recession-hits-dangote-group-reportedly-sacks-48-workers/

But where is lalasticlala sef

He should sell his proposed refinery to pay up his staffs

Ok

Where are the dumb zombies, perhaps dangote is pdp tanoid and ipod that recession is affecting him

grayht:
He should sell his proposed refinery to pay up his staffs

funny bro

Keneking:
But where is lalasticlala sef

lalasticlala don go inspect dangote refinery

please there's something called ghost workers so they might be ghost workers that have over stayed their welcome

no be today dem dey sack for dangote,my friend saheed was sacked along 111 staffs in 2012 , illegal employment is the order of the day in dangote so when they investigate thoroughly,anything can happen.