Tough Times For Nigerians As 50,000 Abuja workers Got Sacked in two months – ACCI

Tuesday, February 23, 2016
The country is in its toughest of times right now as a lot of citizens are losing their jobs. Time has come for people to look into their God given skills and then make it generate money for them because the scarcity of foreign exchange for importation of raw materials by local industries is adversely affecting the sector as over 50,000 workers have lost their jobs in Abuja in the last two months.

The President, Abuja Chamber of Commerce and Industry, Mr. Tony Ejinkeonye, long-established the job losses in an exclusive interview with Punch Newspaper.
Meanwhile the President, Manufacturers Association of Nigeria, Mr. Frank Jacobs, said that about 10 companies had formally notified the association about their intention to shut down operations before the end of this month. Except something urgent was done by the Federal Government to address the forex exchange problem, more people could lose their jobs.The ACCI president said the situation had become so bad that even big manufacturing companies such as Unilever Nigeria Plc, Dangote Cement, Air France and Emirate Airlines were having problem getting foreign exchange.
He stressed the need for the Federal Government to come up with a comprehensive approach that would address the problem. “There is a need for government to do something urgently and stop living in denial. The Central Bank of Nigeria and the Ministry of Finance should come out and say something that would move us out of this forex crisis.
“Things are really bad. As I’m talking to you now, Unilever, Dangote Cement and our other members are crying. A lot of companies have also threatened to lay off workers. If something urgent is not done within the next 30 days by the government to address this, you will see companies like Dangote and Unilever Nigeria sacking some of their workers.”

The MAN president said about 10 companies had indicated its plan to close shop before the end of the month. He said with each of these companies employing an average of 200 people, a total of 2,000 workers would be affected if they decided to shut down their operations. Is this the change we prayed for?

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