* To mitigate impact of economic hardship
The Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across board.
Rabiu disclosed the gesture through an internal memo issued on Sunday in Lagos by Mr. Mohammed Wali, BUA’s Head of Human Resources.
The memo quoted BUA chairman as saying that the increment is to mitigate the impact of the economic hardship, which the staff and indeed all Nigerians are currently facing in the country.
He said the salary increment would cover both permanent/regular and non-permanent staff with effect from February 1, 2024.
“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.
“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,” he said.
