Economy

Billionaire Businessman, Jim Ovia Is Alleged To Have Sacked 500 Visafone Workers

Billionaire businessman, Jim Ovia has allegedly reduced the Visafone Nigeria company’s staff strength by sacking close to 500 workers.

Visafone, the Nigeria’s leading CDMA operator has significantly downsized cutting across every department and all its operation bases across the country.

The decision of the management to let majority of its staff go, which has further worsened the unemployment rate in the country, is reportedly as a result of the worsening economy, The Nation gathered.

 

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