Vanguard gathered that those affected were
36 expatriate and 12 local staff serving in Dangote Cement Plc and Dangote
Industries Limited.
Further
findings showed that the reason for their sack was in connection with the
current high cost of running business in the country, occasioned by unavailability
of foreign exchange and the unprecedented hike in exchange rate.
In a letter
signed by the President/CEO, Dangote Group, Alhaji Aliko Dangote, dated October
20, 2016 and obtained by our correspondent, Dangote stated that the group was
constrained to take the ‘tough’ decision because of the present high cost of
production.
The letter,
entitled Recent Retirement Exercise, however, appreciated those affected, thanking
them for their contributions to the group. The letter read in part: “This year has been a very challenging one
for us as a business. The unavailability of foreign exchange, coupled with an
unprecendented hike in exchange rate has resulted in increased costs across the
organisation.
“This called for a proper review and adjustment of our costs
across board to ensure efficiency and effectiveness in the deployment of our
factors of production in a bid to eliminate redundancy that we know exist,
which resulted in some tough decisions which means losing 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 for
required cutbacks that would ensure efficiency and eliminate redundancies in
the allocation of human resources. “This first phase of this exercise involved
the cutback of 36 expatriate staff across the Dangote Cement Plc and Dangote
Industries Limited and 12 local staff in Dangote Industries Limited.”
The
group, however, promised that it would continue to review and restructure its
human capital deployment to ensure optimal allocation of skill sets and size of
workforce as an international organisation. The group urged its workers to shun
late coming, improper dressing and other unsavoury behaviours in the
workplace.
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