Top Nigerian Company Sacks 800 Workers
Top Nigerian Company Sacks 800 Workers
Abuja, Nigeria — The Abuja Electricity Distribution Company (AEDC) has reportedly terminated the employment of about 800 staff members, sparking widespread concern among workers and unions within the power sector.
Sources within the company confirmed that the mass dismissal affected employees across various departments, including technical, commercial, and administrative units. The move, according to internal memos sighted by journalists, is part of a “comprehensive restructuring exercise” aimed at improving operational efficiency and reducing overhead costs.
An AEDC management official, who spoke on condition of anonymity, said the decision was “painful but necessary,” noting that the company had been grappling
