Sack of 317 CBN workers: Senator demands probe


Senator Ned Nwoko has urged the Senate to investigate the recent sack of 317 workers of the Central Bank of Nigeria.

The representative of Delta North Senatorial District on the platform of the Peoples’ Democratic Party, PDP, said this on Tuesday.


Nwoko said that the sack was “too hasty”, hence the need to probe the circumstances around it.

He alleged that the apex bank did not consult with relevant stakeholders, including labour unions, before the exercise.

He said: “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 reasons for the sack.

“The letter had no further details.

“It did not offer specific reasons for the dismissal of each staff member.”

Nwoko expressed fears that the principles of fairness and justice might have been compromised in the exercise.

He opined that the “sudden termination will hurt the economic stability of the workers’ families”.



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