BUA Group Announces 50% Salary Increase For Workers Over Economic Hardship

BUA Group has announced a 50% salary increase for workers over economic hardship in Nigeria.

 

NewsOnline Nigeria reports that the Chairman of BUA Group, Abdul Samad Rabiu, has announced a 50% salary increase for all staff members.

 

This Nigeria news platform understands that the decision was communicated through an internal memo signed by Mr. Mohammed Wali, BUA’s Head of Human Resources, on Sunday in Lagos. 

 

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According to the memo, Rabiu highlighted that the salary adjustment aims to alleviate the economic challenges prevailing in the country.  

 

The increment applies to both permanent and non-permanent staff and will be effective from February 1, 2024. 

 

It stated, “Sequel to the above development, the Human Resources and Finance departments are processing the increase to ensure that it is captured in the February 2024 payroll.

 

“It is hoped that with this magnanimous gesture, we will be more committed to our duties and put in our very best to justify the confidence reposed in us,”