Osogbo, Nigeria(TheGavel) – Mr. Tolulope Adeusi, the Chairman of TG Marchnata, a prominent entrepreneurial firm, has advocated for a comprehensive review of the Nigerian labour law. Adeusi believes that the current legal framework fails to adequately protect employers from fraudulent employees.

In an interview with the News Agency of Nigeria (NAN) on Wednesday, September 11, 2024, Adeusi highlighted the shortcomings of the existing labour law. He argued that the law’s weaknesses allow employees who engage in fraudulent activities to easily transition to new jobs without facing any significant consequences.

Adeusi emphasized the need for a revised labour law that would make it more difficult for fraudulent employees to find new employment within the country. He asserted that such a measure would better safeguard the investments of entrepreneurs and promote a more conducive business environment.

“It’s disheartening that an employee can defraud their employer and still find it relatively easy to secure another job,” Adeusi stated. “Why should someone who has committed a crime against an organization that contributes to poverty reduction be allowed to continue their fraudulent practices elsewhere?”

Adeusi further pointed out that many companies are leaving Nigeria not only due to unfavorable business conditions but also because of unresolved operational issues within the system. He suggested that Nigeria could learn from the practices of countries like the United States, where fraudulent activities are recorded and can hinder future employment opportunities.

“I believe that the ability of an employer to provide employment is a valuable asset that should be protected by law against fraud,” Adeusi remarked. “Fraudulent employees should face severe penalties for disrupting the operations or existence of businesses that support the economy.”

While acknowledging that employers often report fraudulent employees to the appropriate authorities, Adeusi expressed dissatisfaction with the outcomes of these reports. He argued that the labour law’s restrictions on fraudulent bankers should be extended to all sectors to ensure their survival.

“By modifying the labour law, we can potentially minimize fraudulent activities by employees,” Adeusi concluded. “If employees understand that committing fraud in an organization can jeopardize their future employment prospects, they may be more inclined to behave ethically.” (NAN)