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Abbas seeks CBN clarification on 1,000 staff layoffs, ₦50bn compensation

punchng.com/abbas-...

submitted 12 months ago by uzong

Abbas seeks CBN clarification on 1,000 staff layoffs, ₦50bn compensation

submitted 12 months ago by uzong

Abbas seeks CBN clarification on 1,000 staff layoffs, ₦50bn compensation
  • The Speaker of the House of Representatives in Nigeria has asked the Central Bank to explain the dismissal of 1,000 staff and the N50bn compensation package given to them, emphasizing the need for transparency and fairness in the process.
  • The Central Bank clarified that the staff exit package was voluntary, and the Speaker's committee will investigate the rationale behind the decision and ensure the welfare and rights of affected employees are protected.
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