Close Menu
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
What's Hot

Solomon Adodo emerges as President of NYCN as council expels Sukubo, restructures leadership

Police confirm identity of lifeless woman in Uyo

Obi of Onitsha Igwe Achebe suspends President of Otu Odu Onicha

Facebook X (Twitter) Instagram
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
Facebook X (Twitter) Instagram Pinterest
DAILY BLAST
Contact
HOT TOPICS
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
DAILY BLAST
You are at:Home»Breaking News»Tinubu slashes salaries of TVC & Max FM staff
Breaking News

Tinubu slashes salaries of TVC & Max FM staff

DailyblastBy DailyblastMay 20, 2020001 Min Read
Share WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp Copy Link

The salaries of staff of TVC Communications operators of Television Continental and Max FM has been slashed due to effect of coronavirus pandemic on labour and productivity.

The Chief Executive Officer of TVC, Mr. Andrew Hanlon disclosed this via a broadcast message to the staff on Monday. He informed the staff that “broadcasters across the world are battling with losses. In order to save jobs and not lay off any staff, i regret to inform you we’ve been forced to reduce our salaries.”

Related posts:

  1. #LekkiGenocide: Tinubu’s TVC set on fire (photos)
  2. Dangote refinery slashes petrol price to N900
  3. CMC GLADIATORS leads 33 man team to commiserate with TVC NEWS.
  4. Max Air plane crash-lands at Kano Airport as tyre bursts into flames

According to him, staff earning N80,000 will get a 5% reduction, those earning between N80,000 and N200,000 will get a 10% cut.
Also, senior staff earning between N200,000 and N400,000 will get 15% while those earning N400 thousand to N1 million will get a 20% reduction.
“The management team and director get 25% cut while the CEO also gets a reduction,” he said.
He said Pension, transport, accommodation allowances remain the same without any cut.

TVC Communications is owned by former governor of Lagos State and APC leader, Senator Ahmed Bola Tinubu.

Post Views: 198
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous Article4 coronavirus cure submitted to NAFDAC for testing
Next Article Lagos doctors embark on strike over police harassment
Dailyblast

Related Posts

Edikan Adiakpan arrested for multimillion-dollar email and money laundering scheme in U.S

June 27, 2025

NYSC denies service extension for corper who criticised Tinubu

June 25, 2025

MultiChoice cuts DStv decoder price by 50% to attract subscribers

June 25, 2025
Add A Comment

Comments are closed.

Recent Posts
  • Solomon Adodo emerges as President of NYCN as council expels Sukubo, restructures leadership June 27, 2025
  • Police confirm identity of lifeless woman in Uyo June 27, 2025
  • Obi of Onitsha Igwe Achebe suspends President of Otu Odu Onicha June 27, 2025
  • President Tinubu signs four tax reform bills into law June 27, 2025
  • INEC chairman hails Soludo for improved security in Anambra June 27, 2025
Top Posts

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,423 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,161 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025672 Views
Latest Reviews
Most Popular

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,423 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,161 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025672 Views
Our Picks

Solomon Adodo emerges as President of NYCN as council expels Sukubo, restructures leadership

Police confirm identity of lifeless woman in Uyo

Obi of Onitsha Igwe Achebe suspends President of Otu Odu Onicha

© 2025
  • Privacy Policy
  • Contact

Type above and press Enter to search. Press Esc to cancel.