NECA laments loss of over 20,000 jobs due to divestment by multinationals

The Nigeria Employers’ Consultative Association (NECA), on Friday, raised the alarm over the consequences of ongoing divestment of multinationals in Nigeria.

The body said no fewer than 20,000 direct employees have lost their jobs to such divestments in recent times.

NECA, which ia the umbrella body for employers and the voice of business in Nigeria, raised the alarm in a statement titled “Urgent action to arrest the growing unemployment rate rate”.

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