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Employees Sack

Employees Sack

The Central Bank of Nigeria have suspended the ongoing staff layoffs by some banks in the country.

The apex bank said in a statement that the decision was taken after a special meeting of the Bankers’ Committee.

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Reporters had reported how a pregnant cashier at the Ketu branch of Access Bank collapsed on Saturday after hearing of her sack by the bank.

Employees Sack

Employees Sack

Access Bank had announced plans to sack its workers as a result of the negative impact of the Coronavirus outbreak.

According to the statement by the CBN Director of Corporate Communications, Mr Isaac Okoroafor, on Sunday, it was also agreed that b

The statement reads, “The committee particularly deliberated on the issue of the operating costs of banks in view of the disruptions emanating from the global economic difficulties.

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“In order to help minimise and mitigate the negative impact of the COVID-19 pandemic on families and livelihoods, no bank in Nigeria shall retrench or lay-off any staff of any cadre (including full-time and part-time).

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“To give effect to the above measure, the express approval of the Central Bank of Nigeria shall be required in the event that it becomes absolutely necessary to lay-off any such staff.

“The Central Bank of Nigeria solicits the support of all in our collective effort to weather through the economic challenges occasioned by the COVID-19 pandemic.”

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11 Comments

11 Comments

  1. Dorcas Babalola

    May 4, 2020 at 10:38 am

    This is unexpected sack it may course collapse

  2. David Elobisi

    May 4, 2020 at 11:47 am

    This can’t be right, I hope they knw what they are doing.

  3. Dorcas Babalola

    May 5, 2020 at 1:16 am

    This is not good it’s unfair

  4. Anyanwu Bright

    May 7, 2020 at 12:37 pm

    Causing more problems..

  5. Anyanwu Bright

    May 15, 2020 at 2:27 pm

    The CBN should look into the matter

  6. Anyanwu Bright

    May 15, 2020 at 2:28 pm

    Why sacking people are they the cause of the covid19

  7. Anyanwu Bright

    May 15, 2020 at 2:29 pm

    What do you want them to do now

  8. Anyanwu Bright

    May 15, 2020 at 2:31 pm

    That’s wickedness

  9. Anyanwu Bright

    May 15, 2020 at 2:31 pm

    Sacking people for no reason

  10. Anyanwu Bright

    May 15, 2020 at 2:32 pm

    You don’t think before you carry-out action

  11. Anyanwu Bright

    May 15, 2020 at 2:33 pm

    CBN should check all banks

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