Wednesday 26 February 2014

Champion Newspapers may be sued by workers



By Abdulmumini Adeku.
Champion Newspapers owned by Multi billionaire business mogul,Chief Emmanuel Iwuanyanwu is at the moment under lock and key due to debt of over  27 months in a row.
An impeccable source told Paedia Express Multimedia in Lagos,Nigeria that as at the time of going to press the company’s workers were making final arrangement to use their local union to file a case on there behalf with the National Industrial court through the Federal Ministry of Labour and Productivity.
The source revealed that the management which is headed by the proprietors daughter  seems to have lost every ideas to revive the brand that  was once the leader of the eastern market and wondered why the chairman of the company ,Chief Iwuanyanwu refused to sell  to multi billionaire publisher, Orji Uzor Kalu when the latter wanted to by stakes in the brand to the tune of N3Billion recently.
The Publisher of the Source Magazine,Dame Comfort Obi was also said to have been interested in buying the brand over but decided to pull the plug in the deal at the eleventh hour.

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