By Jonah Nwokpoku
Lagos—In response to the demands of its protesting staff, the management of BUA Flour and Pasta, subsidiaries of BUA Group has made provisions to pay affected staff entitlements fully in line with the company’s policy.
According to a statement by the Group Head, Corporate Communications, Mr. O’tega Ogra, the decision to pay off the staff of the two subsidiaries was based on their request that they be paid off either in the event of a divestment or not.
Some staff of the two subsidiaries had on December 1 and 9, 2015 staged a protest at the group’s head office in Victoria Island, Lagos with the claim that the flour arm of the group’s business has been sold off and feared that they would be laid off without their entitlements being paid.
BUA Group, in response to the employees protest, denied the sale of the subsidiaries.
The statement said, “There was a protest at our head office by employees of our Pasta and Flour subsidiaries due to apprehension over an alleged sale of our flour and pasta milling businesses. As a thriving business that has consistently bucked the performance trend positively in the Flour and Pasta business in Nigeria, BUA receives serious unsolicited expressions of Interest from various companies across the world on its various businesses.”
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