One of the leading cement, producers in Nigeria, BUA Cement, has increased the salaries of its staff by 50 per cent in response to the current economic hardship in the country caused by the high cost of things.

This was confirmed in an internal memo released on Sunday in Lagos, signed by BUA’s Head of Human Resources, Mr. Mohammed Wali.

According to the memo, the salary increase which is for both permanent and non-permanent staff effective from February 1, 2024, is to help cushion the effect of the current economic hardship in the country for the staff.

“The Human Resources and Finance departments are processing the increase to ensure that it is captured in the February 2024 payroll,” the memo stated.