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The continued exit of OAPs at JayFM Radio Jos – former station OAP opens up

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The exit of On Air Personalities (OAPs) and ‘abrupt resignations’ at the multi-award-winning radio station, JayFM Jos have been attributed to management issues and poor staff welfare.

A former On Air Personalities (OAP) at the station who left in April 2022, Opeyemi Akinyode stated this while commenting on the recent dramatic on-air resignation by Jay FM Jos, Host of the Breakfast Show, Zoe Machunga on Thursday.

OAP, Opeyemi Akinyode who spoke to Matthewtegha’s Blog said the reason why Zoe Machunga who he sees as the ‘voice of Jayfm Radio Jos’, and many others who have left the station may be connected with the exact reason why he left the station.

He stated that he was not surprised at the recent exit as more staff may leave the station if the situation of a poor welfare package for its staff is not addressed.

Narrating his ordeal, Opeyemi said he joined JayFM in 2016 as a guest analyst for a sports show without pay and was later drafted into a political show ‘the situation room’ in 2019 due to his political consciousness with no employment letter but just a monthly salary of 10,000, which was later increased to 15000 as he was working both sports and a political daily show, Nigeria at Sunset.

He said his continuous plea for an employment letter fell on deaf ears, instead, he later received another increase to a monthly salary of 25,000 towards the end of 2021 until his departure. He felt totally valueless after being with the station for 6years without an employment letter and had to leave.

He said the station deliberately doesn’t want to be committed to its workers which is the situation with most of the staff who are currently working there, with most of them getting stipends with no employment letters and so much toxic environment workspace created by some of the top management staff.

“I left Jayfm because there was no welfare package for some of us who were very committed to the station, I worked in Jayfm for 6years and the highest salary I ever got at Jayfm is 25,000 with no employment letter, even without being paid a dime for the first 3years.”

“The station has one of the most competitive adverts rates amongst radio stations in Jos, so even if you can’t sustain payment of staff, there are ways you make people feel that you appreciate their commitment.”

“Making people feel that they can go and be replaced at any time, the management feels that the radio station is the biggest platform so if anyone leaves other people will come to the station, out of desperation for a platform to showcase themselves. So the management doesn’t care about the well-being of the people that are serving the audience.” He further stated.

He refuted the rumors making the rounds that he was asking for outrageous salaries or wanted to be the highest paid at the station. He said he left Jayfm after 6years because his stay at the station was never defined with no benefits despite his commitment.

The OAP who has since moved to greener pastures at another Radio station stated that the management must begin to place value on its staff with a better welfare package in a purpose-built conducive working environment powered by a high commitment to the sacred ethics of journalism and professionalism if it wants to retain its human resources in future.

Recall that Zoe Machunga, the host of Jay FM Jos’ breakfast show, Morning Jay and Let’s Talk resigned at the end of her last show on Thursday, August 25, 2022.
“I have come to the end of my journey here on Jay FM Jos, it’s been an absolute pleasure being of service to you,” She said (READ HERE)

In recent times Jay FM Jos has had massive resignation of its top on-air personalities including Opeyemi Akinyode, former co-host of Nigeria at Sunset; Nanji Nandang, former host of the internationally recognised advocacy show, Silent Voices; Sandra Kaura, an ex-newscaster, Gabby head of production and OAP Juliet.

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EuroMatch NPFL: Inter Lagos Rescue Point With Late Equaliser Against Kano Pillars

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​Inter Lagos fought back in the closing minutes to secure a 1–1 draw against Kano Pillars in an entertaining Nigeria Premier Football League (NPFL) clash at the Onikan Stadium, Lagos, on Wednesday.

READ ALSO: EuroMatch NPFL Matchday 5: Sporting Lagos Shock Enyimba as Rangers, Barau FC Pick Up Vital Wins

​The visitors appeared set to claim all three points after taking a first-half lead and stubbornly defending their advantage for most of the contest.

​However, Inter Lagos maintained intense pressure through the second half, mounting attack after attack in search of a route back into the game.

Their relentless persistence paid off late in the match when Bashir Abdulkarim capitalized on a defensive opening to slot home the equalizer.

​The drama triggered wild celebrations among the home fans as Inter Lagos snatched a hard-earned point from the jaws of defeat.

​While Inter Lagos can draw confidence from their resilience, Kano Pillars will be frustrated by their failure to manage the game and secure the victory.

The result leaves both teams with a point each, further reflecting the tight, unpredictable nature of this season’s NPFL campaign.

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African Alliance Secures Shareholders Nod to Raise N12bn, Eyes Return to Active Trading

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BY NKECHI NAECHE-ESEZOBOR—The board  of directors of African Alliance PLC on Wednesday got shareholders nod to raise N12 billion additional capital to shore up its baseline and meet National Insurance Commission, (NAICOM), Minimum capital requirement.

According to the details made available by the company under the approved resolutions, the Board is empowered to execute the capital injection through various channels, including private placement, rights issue, public offer, asset sales, or zero-coupon convertible subordinated debt notes.

The approval which was granted at the company’s Extra-ordinary general meeting held today in Lagos, shareholders also empower the board to determine conversion terms, allot shares, and revalidate legacy shares where necessary.

The EGM aligns with the Nigerian Insurance Industry Reform Act, 2025 (NIIRA), the Companies and Allied Matters Act, 2020 (CAMA 2020), the Investment and Securities Act, 2025, the Rule Book of the Nigerian Exchange Limited, and other regulations and directives of NAICOM.

Applauding the shareholders  for the approval, the Chairman of company, Anthony Isa, said “The approval granted by our shareholders today marks a vital milestone in securing the long-term strength and regulatory compliance of African Alliance Insurance Plc. By authorising the Board to raise up to N12 billion across flexible capital structures—including equity, debt notes, and asset optimisation—we are positioning the company to fully satisfy the recapitalisation requirements of the Nigerian Insurance Industry Reform Act while creating sustainable value for all stakeholders.

The board also got approval as part of and in furtherance of the company’s recapitalisation, approval “to sell, transfer or otherwise dispose of such properties or other assets of the company, whether or not constituting a major asset transaction, on such terms and conditions as may be approved by the board of directors, and permitted by applicable law, subject to the requisite regulatory approvals.”

In addition, the board  was also mandated  to amend the organisation’s Memorandum and Articles of Association (MEMART) “to the extent necessary or desirable to give effect to the recapitalisation, including any consequential increase in issued share capital and the allotment of shares pursuant thereto.”

Also, Managing Director/Chief Executive Officer Ayobami Ogunkeye, African Alliance Plc, assured shareholders that leadership is thoroughly vetting all potential equity partners in order to safeguard the firm’s foundational identity.

“We are extremely cautious about who we bring on board or align with, because this is a lasting commitment,” Ogunkeye stated. “Many parties have capital, but what drives them? Do they value what African Alliance represents, or are they simply after breaking it up for parts? We are rigorously vetting interested parties to make sure our goals match theirs.”

Ogunkeye disclosed that leadership is actively in talks with the Nigerian Exchange Limited (NGX) and other regulatory agencies to clear up longstanding filing gaps and open the door for the company’s shares to begin trading again.

“There is underlying worth here that matters greatly. We are actively in discussions with the regulators so trading in our stock can be reinstated on the exchange,” he noted. “At present, our share price sits well under its face value, but once this recapitalisation drive is finalised, we anticipate raising the share value to roughly 70 kobo or N1.00, restoring our position among stocks that are actively traded and hold real worth.”

The post African Alliance Secures Shareholders Nod to Raise N12bn, Eyes Return to Active Trading appeared first on Business Today NG.

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