The billionaire businessman, Jim Ovia. Nigeria’s leading and only surviving operator of CDMA, Visafone Nigeria, has significantly reduced the company’s staff strength by sacking close to 500 workers. According to TheNation reporter
"The downsizing cuts across every department of Visafone and all its operation bases across the country. The decision of the management to let majority of its staff go has further worsened the unemployment rate in the country as those who were sacked are back in the labour market, seeking for alternating means of survival.
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