By Bartholomew Madukwe
Human rights activist and labour lawyer, Mr Femi Aborisade, has urged employers in Nigeria to ensure that workers salaries are increased when net profit of their company rises.
In a statement, Aborisade said it was absurd that the Association of Food, Beverage and Tobacco Employers, AFBTE, whose members have allegedly recorded appreciable rise in profit has been resisting granting a 20% pay rise to members of the Food, Beverage and Tobacco Senior Staff Association, FOBTOB.
He said: “AFBTE should therefore meet the demands of FOBTOB in order to end the current indefinite nationwide strike which FOBTOB was compelled to commence on 11th December 2017.”
He said that in spite of the economic difficulties in Nigeria, the food, beverage and tobacco industry has been witnessing growth in production and profit levels.
“For example, in the Unaudited Results for the six months September 30, 2017 for International Breweries Plc, the Company Secretary/General Counsel stated that the Board was happy to note that despite the challenges in the operating environment, there are improvements in revenue growth, operating profit and profit before tax compared with the same period in the prior year,” he stated.