Energy Group Chairman and business mogul, Jimoh Ibrahim on Monday shocked the Managing Directors of his media companies when he fired them on Live TV, over unpaid salaries of workers.
The drama played out when Ibrahim was making a presentation on business development strategies at the Energy Group 5th GMD Conference, aired live on NTA. Unpaid journalists of Newswatch Newspapers, Newswatch Magazine and National Mirror Newspapers had stormed the ongoing conference holding at NICON Luxury Hotel, Abuja, demanding the payment of their 13 months’ unpaid salaries.
Displaying placards, asking Ibrahim to clear the unpaid salaries , the journalists, under the aegis of Nigerian Union of Journalists, NUJ, sang protest songs and took over the venue of the conference.
After the protesters were taken out of the venue, Ibrahim who tried to remain calm, came hard on the heads of the companies involved, blasting them for their inability to sustain tbe companies and pay salaries despite heavy investment in the business.
Then he went on sacking spree. The first to get the axe was the MD of Newswatch who was sacked on TV in a very dramatic fashion.
Visibly under tension, the bosses of the newspapers in the conference knew there was trouble. And trouble eventually came when Ibrahim, suddenly, verbally appointed one the directors in the conference as new head of the Newswatch.
Subsequently, Ibrahim announced that he would help to pay some of the companies owing six months salaries but on the condition that the Managing Directors and Deputy Managing Directors of the companies step aside.
He stated that any of his companies that does not pay up all salaries owed by December 31, 2016, will be shut down.
Ibrahim, however, announced that the affected bosses should forward their resignation letter via email before they get termination letters from him.