Anxiety gripped staff of the Guardian newspapers yesterday as the Management sacked the newspaper’s Managing Director, Emeka Izeze, the company’s Executive Consultant, Lade Bonuola and two other consultants.
Izeze, a consummate journalist and newspaper manager joined the Guradian newspapers in the 80’s and rose through the ranks to become the Editor, Editor In Chief and later Managing Director.
Sources who spoke with Complete News said the mass retrenchment was long overdue considering the dwindling fortunes of the flagship tabloid which was principally occasioned by harsh business climate.
Consequently, the management hired a management Consultant to reposition the business for profitability.
Bonuola was a founding member of The Guardian newspaper and contributed immensely to the growth of the newspaper.
The Guardian was established in 1983 by Alex Ibru, an entrepreneur, and Stanley Macebuh, a top journalist with the Daily Times newspapers. The Guardian was a pioneer in introducing high-quality journalism to Nigeria with thoughtful editorial contents.
The paper was first published on 22 February 1983 as a weekly, appearing on Sundays. It started daily publication on 4 July, 1983.
