Friday, 24 May

Ayuba must go! VRA, NEDCo staff go red to demand MD's removal

Business
The groups noted that the deadline given to the MD to resign has elapsed yet their demands “have not been met”

The Staff Groups Leadership of the Volta River Authority (VRA) and the Northern Electricity Distribution Company (NEDCo) have announced a series of actions to drive home their demand for the removal of the Managing Director (MD) Osmani Aludiba Ayuba.

According to the groups, despite being appointed as Managing Director to help turn around the finances of NEDCo, after three and a half years in office, Mr Ayuba, “has failed to help turn around the finances of NEDCo” and hence can no longer continue to hold that office.

In an update on the resolution passed by staff in all the five operational areas in NEDCo at an emergency meeting, the groups cited the “worsening financial performance of NECCo, lack of a clear strategy for NEDCo, high cost of projects that have not yielded desired results, management inaction leading to revenue loss, exorbitant sole source procurement of Point-Of-Sale devices (POS) and worsening distribution losses,” as reason, the Managing Director, can no longer continue to hold his office.

The groups revealed that they had given the Managing Director on or before Monday, 31 January 2023, to “voluntarily resign or be removed from office by the NEDCo Board of Directors.” 

The groups, therefore, noted the deadline given to the MD to resign has elapsed yet their demands “have not been met.”

“As a first step in pressing home our demand for the removal of Mr Osmani Ayuba as Managing Director of NEDCo, staff are hoisting red banners across all the Operational Areas in NEDCo including the service centres effective February 01, 2023,” the groups indicated.

Also, "leadership will initiate a number of labour actions to ensure that the resolution passed is enforced to the latter.”

Source: classfmonline.com/Elikem Adiku