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Home Business

Kaduna Electricity Company sacks 900 workers

*** Workers embark on strike action 

Disclosure News by Disclosure News
February 3, 2025
in Business, News
Reading Time: 2 mins read
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Kaduna Electricity Distribution Company (Kaduna Electric) has terminated the employment of 900 workers, prompting an indefinite strike by the affected employees.

In a statement released on January 31, 2025, the company announced that the services of the affected staff were no longer required.

Kaduna Electric assured the workers that their net benefits would be credited to their accounts, with pension entitlements to be processed “in due course.”

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The mass layoff has sparked protests, with the dismissed workers staging an indefinite strike to express their dissatisfaction.

“Kaduna electric has sacked 900 staff members and paid only 10% of supposed benefits. Indefinite strike has been declared,” a source in the company said.

SaharaReporters learnt that the sacking comes amid a Monthly Performance Review meeting chaired by Dr. Umar Abubakar Hashidu, Managing Director and CEO of Kaduna Electric and the Chairman of the Board of Directors, Alhaji Aminu Abubakar Suleiman.

Others in attendance include a board member and Chairman, HR Committee, Ibrahim Musa Umar.

Suleiman was a Peoples Democratic Party aspirant for Kogi East senatorial district but was disqualified by the party over various acts of misconduct.

According to the company, the workers’ net benefit will be credited to their account while their pension will be paid to your retirement savings account with their Pension Fund Administrator (PFA) in due course.

The statement read, “We refer to your offer of employment and write to inform you that your services will no longer be required by the company, effective January 31, 2025.

“This decision was not made lightly and reflects our commitment to adapting our operations to meet current challenges.

“Please find below the summary of your benefits and outstanding obligations.

“Details of Benefits/Obligations, 13th Month Pay (2024): Credit N49,448.11.

“9 Months Basic Salary: Credit N445,033.07.

“Total Net Benefit: N494,481.18.”

Meanwhile, the outstanding Liability (Pension) is N1,225,164.63, while the total benefit is N1,719,645.83.

“Kindly note that the sum of N494,481.19 will be credited to your account accordingly. Your accrued pension will be paid to your retirement savings account with your PFA in due course.

“Upon receipt of this letter, you are expected to return all company property including work tools and your staff identification card to the Human Resources Department without delay.

“We appreciate your contributions to Kaduna Electric and wish you success in your future endeavors,” the statement added.

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