One of the largest employers of labor in the country outside of the government, Dangote Group, has started retrenching members of his staff.
Aside from mass sacks in his juice making company, Dansa, the billionaire has reportedly fired 36 expatriate and 12 Nigerian top management employees.
His expatriates are paid in foreign currencies and since that is lacking in Nigeria, Dangote had no option than to relieve them of their services.
Dangote has decided to replace the expatriates with Nigerians, who have acquired experience on the job.
For the affected Nigerians, it was gathered that most of them had disciplinary issues.
When contacted, Dangote’s Corporate Communications head, Tony Chiejina, said he could not speak on the development.
Dangote had issued a letter to the affected employees on their sack.
The letter read in part, “This year has been a very challenging year for us as a business.
“The unavailability of FOREX coupled with hike in the exchange rate has resulted in increased costs across the organization.
“This called for a proper review and adjustment of our costs across board to ensure efficiency and effectiveness.
“In a bid to eliminate redundancies that we know exist, we will be losing some staff, including some of our colleagues.
“On Friday, October 14, 2016, we began the process of staff cutbacks as it is imperative to review our human capital deployment.
“This first phase involved the cutback of 36 expatriate staff across the Dangote Cement Plc and Dangote Industries Limited.
The billionaire also said he will restructure his human capital deployment to ensure “Optimal allocation of skill sets and workforce size.”
The group urged the workers to shun lateness, improper dressing and other unsavory behaviors in the workplace as this may warrant a sack.