Sources saya massive retrenchment exercise at the Federal Airports Authority of Nigeria (FAAN) exercise has resulted to at least 22 management staff, including General Managers and Deputy General Managers loosing their jobs:

The letters were reported distributed to them wenesday morning, following the exercise, some General Managers that were not sacked by the government were heavily demoted. For instance, a General Manager on Grade Level 17 was demoted to 10, as was the agency’s Ag. Director of Finance.

As of the time of filing this story, it was gathered that the committee responsible for the exercise was still in the FAAN boardroom sending out more letters to affected staff.

Our correspondent also learnt that a forthcoming round may still affect more members of the top management. 

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