November 11, 2024

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Inflation:Gregory varsity increases workers’ salary

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Inflation:Gregory varsity increases workers’ salary
By Steve Oko
In its bid to mitigate the plights of its staff in the face of the biting economic hardship following the worsening inflation rate since the removal of fuel subsidy, the Management of Gregory University Uturu, a premier private university in the South East Nigeria, has announced a substantial pay rise for its workers.
Professor Greg Ibe
The new pay package according to a statement by the Acting Public Relations Officer of the institution, Ms Ebubechi Iwuh, will take effect from February 1, 2024.
GUU known for its commitment to innovative education, has refused to hike its fees despite the upward review of workers emoluments.
According to the new statement, the  academic staff will receive a 15% pay increase, while the non-academic staff will benefit from a 20% raise.
“This decision, announced by the university’s Founder, Prof. Gregory Ibe, is a strategic step to alleviate the financial challenges faced by the staff amidst the economic climate in Nigeria”, the statement added.
It further read: “Our dedicated staff is the foundation upon which our university’s success is built,” said Prof. Ibe. “In these challenging times, it is crucial that we support our team not just in words, but in meaningful action.
“Gregory University Uturu, at the forefront of educational innovation in Nigeria, recognizes the importance of its human resources in achieving its mission of providing top-tier education. This pay raise is an investment in the university’s commitment to excellence and a reflection of its ethos of care and support for its community. It is also a way of appreciating the workforce for their sacrificial commitment and dedication to the development of the institution since inception.
“The increase in salaries for both academic and non-academic staff is a significant step in ensuring that the university continues to attract and retain the best talent in the educational sector. It also demonstrates the university’s understanding of the current economic pressures and its readiness to support its staff through these times.
“We believe that by supporting our staff, we are strengthening our university’s ability to provide the best educational experience for our students,” Prof. Ibe added. “This pay raise is a testament to our commitment to our staff and our students alike.”
Wawa News Global had reported that in a bid to mitigate the challenging realities of the harsh economic environment of 2023, Prof Ibe has directed the implementation of many welfare interventions, including distribution of food items and salary bonuses.
Steve Oko, Publisher/C.E.O, WaWa News Global. For more information on advert placement and news coverage, contact us on: 08038725600, or via email stevemanofgod2000@yahoo.com; wawanewsglobal@gmail.com Always read WaWa News Global - Your most dependable online news platform for the latest breaking news in Nigeria.
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