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Old 17th Jan 2005, 05:15
  #205 (permalink)  
Nigerian Expat Outlaw

Nigerian In Law
 
Join Date: May 2004
Location: The stool at the end of the bar
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Sounds pessimistic maybe, but it seems to all be part of a wider plan to strip the companies down to the bare minimum, get as much short term profit out of them as possible then walk away. This has been done to Bristow many times in the past 20 years, which is why they don't actually own anything anymore, except the antique 212's in Eket. No buildings, no spares, no nothing. They have become an employment agency with a lot of rich ex CEOs.

Now OLOG are in on the act, they want their pound of flesh. Pan African will probably get stuffed in time too. The recent pay rise they got looks good at face value, but all it has done is to bring them up to what everyone else has been getting.

Then ACN are waiting to see what CHC are going to do (or not). Nigeria isn't a great place to work at the moment if you're after any semblance of security.
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