According to Abdul Samad Rabiu, chairman of BUA Group, the business has authorized a 50% pay increase for all employees.
In an internal communication that was signed on Sunday in Lagos by BUA’s Head of Human Resources, Mr. Mohammed Wali, Rabiu made the revelation.
According to the document, the chairman of BUA stated that the increase was intended to lessen the effects of the nation’s current economic difficulty.
He stated that starting on February 1, 2024, both permanent/regular and non-permanent staff would be eligible for the pay increase.
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,” he disclosed.