Reps to probe CBN sack of 600 staff members

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The Nation Newspaper Reps to probe CBN sack of 600 staff members

The House of Representatives on Wednesday, May 29, directed its committee on banking institutions to investigate the circumstances leading to the recent sack of about 600 staff members of staff by the

The apex bank in in recent times laid off some of its staff including Directors and other staff based on what it called the need to reposition the bank for effective operation. According to him, “The recent downsizing by the apex bank has raised significant concerns and controversies among stakeholders, including the affected employees, labour unions, and the general public.”

“The House is worried about staff morale and progression. People choose careers in civil service so that they can end careers like their superiors and mentors who trained them. Seeing their bosses being treated with disregard and like criminals will send a message that professionalism is not rewarded, as well as, meritorious service to our great nation Nigeria.”

 

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