Ngige threatens to sanction banks over indiscriminate sack of workers - Premium Times Nigeria

, has threatened to sanction banks, who sack workers indiscriminately, saying they ought to declare redundancy before taking such decisions.

“We also have to monitor job loses, we also have to stem the tide of job losses through a proactive action from this ministry. ‘We discovered that those banks, having used earlier people, want to dispose them and bring relatives and other friends, the same thing in the oil industry. Mr Ngige said through the department of cooperatives, currently managed by the ministry of agriculture, government will ensure that all states of the federation collaborate to promote self-employment.He pledged commitment to continue working with the labour unions, saying due process would be followed to engender peaceful industrial peace and harmony.

“I refused to register the United Labour Congress as a labour federation in his first coming to the ministry because they have not met the legal requirement of having 12 brand new labour unions, even though they currently have about 18 unions in their fold.

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