Expanded Global Industries Limited, Ibadan, has announced its decision to compensate the family of the late Gbadebo Richard, a 300-level student of the University of Ibadan who died in a factory accident on Monday.
The company disclosed this in a statement signed by its Human Resources Manager, Aliyu Jubril. While describing the death of the late factory worker as sad and regrettable, the company condoled the family and friends of the deceased.
The statement read, “This is an accident that is highly regretted and the company is sad. Although nothing can replace a life, Henkel has an insurance package for all its staff, including the casual workers. It will be responsible for the burial expenses for the deceased. It is also offering compensation to ameliorate the loss of Richard. While the compensation cannot replace human life, it will help to ameliorate the suffering of the family.”
The company urged the police to speed up its investigation into the incident as an extended closure of the factory could negatively affect the survival of the company and its staff.
The company also appealed to Oyo State Ministry of Labour not to shut down the factory because there are several workers who depend on the company for survival.
It said, “We understand that there may be queries from concerned stakeholders on the tragic incident. Please be rest assured that further information will be shared once available.”