By Austin Ogwuda

THE Senator representing Delta North in the National Assembly, Senator Ned Nwoko has described the recent sacking of 317 workers by the apex bank, the Central Bank of Nigeria CBN as “too hasty”.

Nwoko in a chat with the News Agency of Nigeria NAN in Abuja today (Tuesday) said that there is need to probe the circumstances surrounding the purge, noting that there was no consultation with relevant stakeholders, including labour unions before the exercise.

His words, “The Senate should mandate its Committees on Employment, Labour and Productivity, as well as that of Public Service Matters to investigate the terminations.

“The Committees should focus on the rationale behind the action, compliance with Labour Laws, and the broader socio-economic impact of the exercise.

“Between March 15 and April 11, 2024, the CBN sacked 117 staff members.
On May 24, the CBN sacked an additional 200 staff members, bringing the total number to 317.

“From my findings, those mostly affected were directors, deputy directors, assistant directors, principal managers, senior managers and some lower workers.

“The letters issued to the affected staff, including one dated May 24, from the Human Resources Department, cited the need to reorganise the organisation for effective operations, as the reason for the sack.

“The letter had no further details. It did not offer specific reasons for the dismissal of each staff member”, pointing out that “sudden termination will hurt the economic stability of the workers’ families”, Nwoko stated.

Credit: NAN

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