….Says 450 Sacked Due To Operational, Financial Challenges
The management of Kaduna Electric has debunked the media report that it has laid off 900 of its workforce.
THE WHISTLER reports that the company’s labour unions are currently on strike to demand the reinstatement of their members who were allegedly affected by the development.
However, the Kaduna Electric management in a statement issued on Tuesday night, a copy obtained by THE WHISTLER in Abuja, said contrary to the claims by the Labour unions, “services no longer required” letters were issued to 450 employees.
The company explained that the decision was made in response to significant operational and financial challenges that have hindered the company’s ability to meet its market & operational obligations.
“The company acknowledges public concerns and seeks to provide accurate information regarding these developments. Kaduna Electric’s management has initiated a comprehensive transformation exercise to ensure the company’s long-term sustainability.
“Contrary to claims by labour unions that 900 staff members were affected, the company confirms that “services no longer required” letters were issued to 450 employees.
“This decision was made in response to significant operational and financial challenges that have hindered the company’s ability to meet its market & operational obligations.
“The restructuring, though difficult, is described as a necessary step to align the company with current market realities and create a more efficient workforce.
” Management emphasized that this right-sizing initiative alongside capital investment is crucial for implementing impactful measures to improve operations and ensure sustainability”, the company stated.
It, however, expressed regret over the prolonged power outage caused by the industrial action, which lasted over 24 hours to some of our customers across our franchise.
“Kaduna Electric expresses regret over the prolonged power outage caused by the industrial action, which lasted over 24 hours to some of our customers across our franchise.
“The company remains committed to resolving labour disputes amicably and restoring normal operations as quickly as possible.
“Management also thanks security agencies for their support during the industrial action, ensuring the safety of personnel and facilities during this challenging period.
“Kaduna Electric reassures its customers of its dedication to providing reliable power supply and apologized for the inconvenience caused by the outage.
“The company remains focused on overcoming its current challenges and emerging stronger to better serve its customers and stakeholders”, it stated.
Kaduna Electric Denies Laying Off 900 Workers is first published on The Whistler Newspaper
Source: The Whistler