Exit Package: Disengaged Workers Seek Court Order against Firm

Ebere Nwoji

The 65 disengaged workers of Premium Pension Limited, have instituted multi- billion Naira lawsuit against the firm at the National Industrial Court,  seeking redress over what they described as  ‘wrongful, illegal and unconscionable termination of their employment without notice or payment of agreed benefits.’

In the suit marked NICN/ABJ/2025, the claimants led by Ibrahim Usman Raji, Emmanuel Folorunsho, Mustapha Ibrahim, Saidu Sulaiman, Muhammed Baba Ibrahim, among others, are suing in a representative capacity on behalf of themselves and 61 others whose employments were terminated in August 2025.

The claimants are asking the court to declare that valid employment contracts existed between them and Premium Pension up to the date of their disengagement and that their abrupt sack “without notice and without salary in lieu of notice” violated their employment terms and international best labour practices.

According to court filings made available to  THISDAY  by the aggrieved workers, the former employees alleged that they were issued disengagement letters on August 4, 2025, but that the letters were back-dated to July 29, 2025 and made effective from August 1 in a deliberate attempt to deny them earned benefits, including the mandatory three-month notice period and August education subsidies.