By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The CapitalThe CapitalThe Capital
Notification Show More
Font ResizerAa
  • Home
  • News
    • Featured
      • Featured Profile
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Reading: Drama as AERO Contractors barred workers from entering company facilities
Share
Font ResizerAa
The CapitalThe Capital
  • Home
  • News
  • Business
  • Politics
  • International
  • Entertainment
  • Lifestyle
  • Opinion
  • Sports
Search
  • Home
  • News
    • Featured
    • Top News
    • Top Stories
  • Business
    • Capital Market
    • Energy
    • Maritime
    • Inside Boardroom
  • Politics
  • International
  • Entertainment
    • Events
    • Highlife
  • Lifestyle
    • Society
  • Opinion
    • Guest Columnists
    • Interview
    • Special Features
    • Special Reports
  • Sports
Have an existing account? Sign In
Follow US
News

Drama as AERO Contractors barred workers from entering company facilities

September 15, 2016 8:04 am
The Capital
Share
SHARE

The activities of AERO Contractors have been put to hold as workers are barred from entering into the company by management.

The management of AERO Contractor claimed the company has redundant personnel and have asked workers not to report to their job until an adequate solution is found.

Workers of Aero contractors were seen outside company offices visibly angry against the decision of the company stopping them from discharging their activities.

One employee lamented the poor state of the company and placed the blame on the Asset Management Corporation of Nigeria (AMCON) who took over the company in 2011 effectively making them both a shareholder and creditor since they invested and own about 60% of the company. He revealed that AMCON took over the board of AERO and appointed a new C.E.O. who is incapable of turning situations around.

He said, “AMCON claimed to have spent about 14 billion investment in AERO but one cannot point to the meaningful investment that was done.”

He added, “A new CEO was appointed who couldn’t improve the situation on ground. While owing us for three months, he called for a town hall meeting where he told us to go on an indefinite leave without proper communication as to when salary will be paid. There was a time the policemen locked some workers in the company for three days until the Aviation minister came around an ordered the gate to be opened.”

He further lamented the activities of AMCON since the taking over of the company some of which includes buying of faulty aircrafts, hijacking funds, and spending the company’s money on unprofitable deals contributing to the crisis the company is facing presently.

See also  Secret pains of Nigeria's female deputy governors

Aero workers have complained to the Executive Director of AMCON, Kola Ayeye, who assured them he would find a lasting solution to the matter.

You Might Also Like

Tinubu vs Saraki: Talk about 2023 presidency premature, says APC
Grand travesty! How politician, Funmi Smith, others, bought Lagos State GREAT assets illegally.
Dapo Abiodun: The man who tamed the odds……How he would be sworn in on his birthday
2027 Presidency: El-Rufai, 5 Other Former Governors Allegedly Plotting Coalition Against Tinubu (Full List)
Tinubu vs Shettima: Second Insider Speaks On Alleged Rift, Replacement Push; Details Emerge
Share This Article
Facebook Email Print

BREAKING: Fresh Crisis as 34 ADC Aspirants Resign; Announce New Party

The internal crisis in the African Democratic Congress (ADC) in Katsina State…

BREAKING: INEC Releases Final List of Parties, Candidates for Elections

The Independent National Electoral Commission (INEC) has released a list of candidates…

BREAKING: Filling Stations Adjust Petrol Prices Again as New Landing Cost Emerges

Fresh petrol depot prices have emerged across Nigeria as marketers adjust to…

BREAKING: Court Takes Fresh Action on APC Primaries

The Federal High Court sitting in Gusau, the Zamfara State Capital, has…

BREAKING: Africa’s Second Richest Billionaire, Abdulsamad Rabiu, Acquires Multi-Billion Naira Global 8000 Private Jet

Success has a way of announcing itself, and in the case of…

Follow US

Find US on Social Medias
FacebookLike
XFollow
TelegramFollow
WhatsAppFollow

You Might Also Like

Fulani Herdsmen Have Taken Over My Forest — Soyinka

February 8, 2021
What Kind Of People Are The Chinese, I Still Wonder Why They Aren't Closing Down Their Businesses In Nigeria. - Shehu Sani
News

It Has Been Confirmed That Dangote’s Refinery Product Are Of Higher Quality Than Imported Ones- Shehu Sani Reveals

July 24, 2024

No agreement with labour on wage review –FG

May 5, 2016
Diri and Nengi
News

FACT CHECK: Is Bayelsa Governor, Diri Responsible For BBnaija Nengi’s Pregnancy; Details Emerge

February 9, 2025

Categories

  • News
  • Homepage
  • Business
  • Politics
  • Top News
  • Highlife
  • Entertainment
  • Sports
  • Lifestyle
  • Inside Boardroom

About The Capital

We deliver premium coverage of business, politics, lifestyle, entertainment, and society stories shaping Nigeria and beyond. Through credible reporting, insightful features, and engaging digital storytelling, we keep readers informed on the people, trends, events, and conversations driving modern culture and public discourse.
Quick Links
  • About
  • Advertise
  • Contact

Connect with us on Social Media

Facebook X-twitter Whatsapp Envelope

Send us email: [email protected]

© thecapital.ng. All Rights Reserved. Designed by Semasir Connect.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?