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Business News of Tuesday, 12 March 2024

Source: www.mynigeria.com

Neveah raises workers’ salaries by 44%

CEO of Neveah Limited, Ibidapo Lawal CEO of Neveah Limited, Ibidapo Lawal

Export commodity firm, Neveah Limited has announced a great salary increase for all its employees.

This move came due to the hardship faced by many workers because of the economic recession.

With rising inflation and high costs of living, a lot of Nigerians have been struggling to survive.

The CEO of Neveah Limited, Ibidapo Lawal stated during the weekend that starting this month, all employees at the company will receive a salary increase of more than 44 per cent on average, with some workers receiving a rise of up to 70%.

The increase will bring the average salary at Neveah to well above industry standards.

Ibidapo said: “We understand the challenges that our employees are facing, and we want to do everything we can to

“We believe that investing in our employees is not only the right thing to do morally, but it also makes good business sense. Happy and financially stable employees are more productive, engaged, and committed to the company’s success.”

Employees at the company expressed their gratitude for the company’s generosity and commitment to their well-being.

Neveah Limited is a leading indigenous commodities export company in Nigeria that deals in agro-commodities, base metals and minor metals. The company exports to over 15 countries within Europe, Asia, and North America.

BEB