Reps to probe massive layoffs at CBN

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House Of Representatives,Massive Layoffs At CBN

The House of Representatives has passed a resolution calling for an investigation into the massive layoffs at the Central Bank

of Nigeria . The motion was passed during an emergency session on Wednesday to commemorate Nigeria's 25th anniversary of unbroken democracy, which began in May 1999. About 200 CBN officials were recently relieved of their… of Nigeria .

The terminations affect directors, deputy directors, assistant directors, principal managers, senior managers, and lower-ranking staff. He added that “terminating appointments arbitrarily will amount to killing the morale of junior staff, not knowing what their fate would be.” In January, the CBN, led by Olayemi Cardoso, relocated some of its departments from Abuja to Lagos to improve operational efficiency and reduce costs.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

The youth wing of the apex Igbo socio-cultural organization, Ohanaeze Ndigbo Youth Council Worldwide, has rated President Bola Tinubu's administration above average. The Igbo group made this assessment as the current administration marks one year in office on May 29. Additionally, the Igbo group urged the President not to hesitate in sacking any cabinet member…

House Of Representatives Massive Layoffs At CBN

 

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