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NEW LTV 8 BOSS DECLARES N40 MILLION REVENUE FOR JANUARY ALONE

Certainly, happy days are here again at Lagos Television on Lateef Jakande Road, Agidingbi, Lagos, as the new permanent secretary, Mr. Mudashiru Ajanaku, declared that the station raked in N40 million in January alone.

Mr. Ajanaku who replaced the former boss at the station, Mr. Lekan Ogunbanwo in January, said this at his first meeting with all the staff of the station. The meeting which was held on Friday, March 7, 2014, at the Combo Hall, of the station had all the staff in attendance.

Mr. Ajanaku told the staff that since he came in January he has paid all the deductions made from salaries such as union dues, rent on staff quarters, pension, and contributions to appropriate quarters. He went to say that so far the station has not borrowed money from any quarter nor has it gone to the state government with a bowl in hand to beg for money.

He informed the staff that the debt profile of the parastatal is in the region of N150 million, all of which were uncured by his predecessor. He further told them that since he did not incur the debt he will certainly not be part to its repayment.

This has certainly caused some unhappiness among the staffers who are of the opinion that if something urgent is not done their pension contributions which constitute large chunk of the debt portfolio may go up in smoke.

The staffers, ENCOMIUM Weekly gathered, are planning to meet with the Head of Service – Mrs. Oluseyi Williams to intimate her of their predicament and the way it can be solved.

ENCOMIUM Weekly gathered that the workers’ pension contributions since 2009, has not been remitted to the appropriate pension managers.

– TOLANI ABATTI

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