President Muhammadu Buhari, GCFR

Firms seeking government support to pay employees’ salaries

* Intensifying efforts at preventing staff’s hunger strike during COVID-19 crisis

Isola Moses | ConsumerConnect

Feeling the pangs of financial distress occasioned by the novel Coronavirus pandemic ravages numerous economies in the world as of now, Nigerian private firms have expressed fears that they might not be able to sustain staff’s salaries from April 2020 because of the ongoing lockdown in the country.

It is recalled that President Muhammadu Buhari Monday, March 30, 2020, had issued a directive for lockdown in Abuja, FCT, as well as Lagos and Ogun States as a strategy to curb the spread of the malicious endemic.

Mr. Taiwo Fadahunsi, Principal Partner at Taiwo O. S. Fadahunsi & Co (Legal Practitioners), in an interview with Daily Trust emphasised the need for the government through the States’ Inland Revenue Services to help private organisations financially so as to be able to meet their obligatory payment of salaries of their personnel.

Fadahunsi said: “As employers of Labour and as private firms, we pay some amount of money to the Lagos State Inland Revenue Service, for instance, on a monthly basis.

“From the record of payment, the Revenue Service can find out firms that do not default, and then assist them with funds to enable them pay staff salary, else there is nothing we can do.”

According to the professional, private organisations are unlike the civil servants, who would receive their remunerations from the government.

He stated: “Private firms only make money when they work. So, as the lockdown continues and we are not working, government needs to come to our aid by assisting us to pay our staff so that they don’t go hunger strike.

“Leaving us alone without assistance will make things difficult for both we the employers and employees.”

Kindly Share This Story