According to reports, the government of Oyo State on Monday announced 50 per cent slash of salaries and entitlement of all political appointees in the state owing to the prevailing economic situation in the country.
The announcement was made by Secretary to the State Government, Mr. Olalekan Alli, who addressed newsmen at the state secretariat, Ibadan, adding that the slash will begin with immediate effect.
According to him, “The slash in salary is for all political appointees starting from the Governor, Deputy […]
Zenith Bank Plc, Nigerian’s largest bank with current shareholder base and the biggest tier1 Bank has slashed its worker’s salaries by 30% despite declaring huge profit at last financial report.
A staff who did not want his name mentioned told Newsmen that he and others woke up on August 24, 2016, the date that salaries for the month were to be paid, to notice a cut in the wages without prior notice to that effect, with some senior staff getting as […]