Labour Issues 21-Day Ultimatum To Banks To Recall Sacked Workers

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The organized Labour has threatened to cripple operations in the banking sector by picketing banks that indulge in further mass sack of their employees by issuing an ultimatum.

Following the ongoing mass retrenchment of workers in the Nigerian banking sector, the organised Labour has issued a 21 day ultimatum to the affected banks to recall all sacked workers or risk an unprecedented industrial action.

Labour Issues 21-Day Ultimatum To Banks

According to reports, leaders of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, and the Trade Union Congress of Nigeria (TUC), Comrade Bobboi Kaigama, at a joint briefing in Geneva, on Thursday, June 9, vowed to cripple operations in the banking sector by picketing banks that indulge in further mass sacking of their staff.

READ ALSO:  FG Orders Banks To Stop Sacking Workers

The organized labout affirmed their support of the threat by the federal government through the minister of labour and employment, Senator Chris Ngige, to withdraw the licenses of banks that breached its directive to halt further retrenchment.

Speaking at a briefing at the venue of the on-going 105th International Labour Conference, (ILC) in Geneva, Switzerland, the labour leaders supported the threats by the federal government through the minister of labour and employment, Chris Ngige, to withdraw the licenses of banks that breached its directive to halt further sacking.

The labour leaders said:

”We will picket them to show them that they do not have monopoly of law of disobedience.”

READ ALSO:  Senate Summons Labour Minister, CBN Boss Over Banks Sacking

The labour leaders of both the NLC and the TUC argued that it was not the responsibility of the Senate Committee on Banking and other Financial Institutions to invite the minister and others for a meeting since the issue fell within the ambits of industrial relations.

In a similar development, Deposit Money Banks, under the auspices of Bankers Committee have agreed to halt further mass retrenchment in the industry

The decision was reached at the end of the 327th Bankers Committee meeting which held in Abuja on Thursday, June 9.

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