After its pensioners and staff protested at its Lagos head office, Berger Paints has issued an official statement to notify the financial markets on the strike action.
The company said in a statement that the development is in respect of pension schemes, the Board of Berger Paints Nigeria Plc. had fixed December 2015 as the exit date of the Company’s gratuity scheme.
This had been communicated to the staff in the course of several meetings and the Management had provided some concessions and allowances to its staff in lieu. However, some members of staff are pressing for further allowances and indicating this through a peaceful strike action, which is restricted to our head office.
The Management would like to assure the Nigerian Stock Exchange and the investing public that these demonstrations, which are restricted to its head office, will not have any adverse effects on the Company’s operations.
The Company maintains several outlets nationwide through its franchise partners, all of which are open for business as usual”, the statement said.
Berger Paints is the second largest producer of paints after Chemical and Allied Products PLC
