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LequteMan
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About 65,000 Nigerians have been sacked by construction companies in the country following the situation of the economy.
According to Leadership, the firms under the auspices of Federation of Construction Industries (FOCI), yesterday disclosed that they have retrenchment 65,000 of their over 85,000 workforce, following their inability to meet up with their obligations to them.
They blamed this on the recession that has hit the sector, following debt of over N600billion owed its members by the federal, state and local governments.
FOCI president, Solomon Ogunbusola, called on the federal government to wade in and save the sector from total collapse.
Leadership
According to Leadership, the firms under the auspices of Federation of Construction Industries (FOCI), yesterday disclosed that they have retrenchment 65,000 of their over 85,000 workforce, following their inability to meet up with their obligations to them.
They blamed this on the recession that has hit the sector, following debt of over N600billion owed its members by the federal, state and local governments.
FOCI president, Solomon Ogunbusola, called on the federal government to wade in and save the sector from total collapse.
Leadership
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