Document background
The End Of Fixed Term Contract Letter is a crucial document used in Nigerian business practice when concluding a predetermined employment period. It is typically issued when a fixed-term contract is approaching its natural end date and there is no intention to renew or extend the arrangement. This document must comply with Nigerian Labour Law requirements, including proper notice periods and final settlement terms. It serves multiple purposes: officially confirming the end date, outlining final payment arrangements, detailing the handling of benefits and company property, and documenting any continuing obligations. The letter also helps organizations maintain clear records for audit purposes and protects both parties by clearly documenting the termination process.
