Recession: Atiku’s TV Gotel sacks staff en masse


As Nigeria’s economic recession bites harder, Gotel Communication, owner of the only private radio and television station in north-east Nigeria, has retrenched about 50 per cent of its staff.

PREMIUM TIMES gathered that about 120 staff of the organisation were laid off .

The firm is owned by a former vice president, Atiku Abubakar.

The staff collected their sack letters and cheques following the release of an internal memo by the company’s Head of Administration, Mohammed Yahaya, directing all staff to check with the administration and account departments.

“This is to inform all staff that the restructuring exercise embarked upon by Gotel Communication has commenced.

“All staff are therefore enjoined to check with administration department to their letters and entitlements from the accounts department after clearance”, the memo said.

The development has since affected the 24 hours service offered by the Gotel television and radio stations.

The stations now operate for 19 hours daily, from 5 a.m. to 12 p.m., as against the normal 24 hours.

A similar exercise had also been carried out in Adama Beverage Limited, producers of popular Faro water and juice also owned by Mr. Abubakar.

Mr. Abubakar is considered the second highest employer of labour in Adamawa after the state government.

Apart from Gotel Communication and Adama Beverage, the former vice president also owns the American University of Nigeria and Rico Gado feed mill factory.


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  • Dazmillion

    Atiku needs to feed his 20 plus children and there is not much patronage from the national till

    • wonderboi

      You are absolutely right, not much is coming from national cake and his personal account is depleting and realized that things isn’t as free as it use to be

      • Mr. Abdin

        Even Dangote did the same.

  • abdul dull daura

    Buhari is the problem of Nigeria.

  • Owoeye Gbenga

    Owo recession ti ba Atiku(recession hand has captured Atiku too.Haaaaaaaaaahhhhhhhh!! I still dey laugh o.

  • Julius

    lolz. imagine a thief owing a Telecommunication network. Na wa oo.

  • Otile

    Buhari recession is biting hard, come 2017 the man will bring economic depression. Sorry for mutane Najeriya.

  • new republic

    Oil business is no more booming due to niger delta avengers,this is show that no real biz man in naija,all of them are using Fed gvt to fund their business.

    • Timothy

      Totally agree with you there. But there are some in the Local scene who are stillmaking it

  • sir Oscie

    Dangote groups, zenith bank, Wema bank, skye bank, SCC, JB, eTC…and pmb is not disturbed.. we deserve better for goodness sake.
    The government at the centre is doing everything wrong and it’s biting hardest on innocent Nigerians.
    Pmb led government should do the needful before things gets worse.

  • Nuorah

    Even Banks did the same