Neveah Limited, an indigenous commodities export company, has made a significant announcement that is sure to make a positive impact on its employees and the community at large. In a bid to alleviate the economic hardships faced by many Nigerians, the company has decided to increase the salaries of its workforce by a substantial 44 per cent.
This move comes at a crucial time when the country is grappling with various macroeconomic challenges, including rising inflation, soaring living costs, and stagnant wages. The Chief Executive Officer of Neveah Limited, Ibidapo Lawal, emphasized the importance of supporting employees during these tough times. He stated, “We understand the challenges that our employees are facing, and we want to do everything we can to support them during these difficult times.”
Lawal further highlighted the company’s belief that investing in employees is not only a moral imperative but also a sound business decision. Happy and financially stable employees are more likely to be productive, engaged, and committed to the success of the company. The salary increment is set to take effect in March, with most employees receiving an average increase of 44 per cent, while some will enjoy a substantial 70 per cent raise.
Neveah Limited specializes in agro commodities, base metals, and minor metals, exporting its products to over 15 countries across Europe, Asia, and North America. This latest development underscores the company’s commitment to its workforce and the broader community.
As we navigate these challenging times, initiatives like this serve as a beacon of hope and solidarity. Neveah Limited’s decision to prioritize the well-being of its employees sets a positive example for other businesses to follow. By taking care of their workforce, companies can foster a more productive and sustainable work environment.
This story is a testament to the power of compassion and empathy in the corporate world. Neveah Limited’s actions not only benefit its employees but also contribute to the overall welfare of the society. It is a reminder that in times of adversity, unity and support can make a world of difference.
For more information on Neveah Limited and their initiatives, please visit their official website.
