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Bank Staff Union Protest Mass Sack

  1. Posted on Thursday 14 January 2010 - 11:03
    Emeruwa
    Image of Emeruwa
    Thousands of employees in the banking industry in Nigeria lost their jobs before Christmas of 2009. This development has led to a mass protest by the Union of Bankers, who are demanding an explanation from the Central Bank of Nigeria’s Governor, Lamidi Sanusi.

    In response to the demand so of the bankers Union, Sanusi says he did not order any financial institution to lay of staff. “Banking is a private enterprise, they have the right employ or lay of stay if they feel so”

    Sanusi says the overhead cost of running the banks were too much. “We gathered that Intercontinental Bank PLC pays as much as 4billion naira(about 25million USD) on staff salary monthly....this is so much considering the pressures of running branches.” He said.

    Information provided by the National Union of Bankers and Financial Institutions Employees (NUBIFIE) reveals that about five thousand bank staff accross Nigeria has be sacked within the last two months.

    Meanwhile, the Bankers Union has asked bank workers to stop acknowledging sack letters which do not follow due process.

    NUBIFIE President, Comrade Hassan Adeleke, said the sacked workers were disengaged through e-mail, the action NUBIFIE’s National Administrative Council kicked against in an emergency meeting where resolutions were taken to protect workers in the sector.

    In a communiqué co-signed by the union’s secretary, Comrade Elijah Olusegun Ola the union said “those managements that disengaged our members without recourse to due process must reverse that decision”. The union also called its members to “work until management shows respect for the existing labour practice existing between the union and the management”.

    Adeleke however requested the disengaged members to follow their grievance issues that affect their terminal benefits to the union for a follow up.

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