Things Gets Tougher, Atiku Abubakar’s Company Cuts 120 Jobs

Things Gets Tougher, Atiku Abubakar’s Company Cuts 120 Jobs

It is clear that things are getting tougher in the country as former Vice president of Nigeria Atiku Abubakar’s firms Gotel Communication and Adama Beverage laid off a number of staff following planned restructuring exercise.

According to report on Premium Times, Gotel Communications, owner of the only private radio and television station, in north-east Nigeria retrenched about 50 per cent of its staff while Adama Beverage Limited, producers of popular Faro water and juice also carried out a similar act.

The affected staffs have been issued their letters and cheques following the release of an internal memo by the company’s Head of Administration, Mohammed Yahaya.

“This is to inform all staff that the restructuring exercise embarked upon by Gotel Communication has commenced.

“All staff are therefore enjoined to check with administration department to their letters and entitlements from the accounts department after clearance”, the memo said.

The development has since affected the 24 hours service offered by the Gotel television and radio stations as it now operates 19 hours daily, from 5 a.m. to 12 p.m., as against the usual 24 hours.

Mr. Abubakar is considered the second highest employer of labour in Adamawa after the state government. He also owns the American University of Nigeria and Rico Gado feed mill factory.