NLC Reacts to First Bank's Plans To Sack Over 1,000 Staff

Nigeria Labour Congress (NLC) has asked the management of First Bank of Nigeria Plc to immediately suspend its planned retrenchment of more than 1,000 of its employees.

JNJGLOBALGIST.COM reports that NLC affiliate – the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) – on Monday evening said that such exercise must be done in line with the provisions of the Labour Act guiding Redundancy Exercise.

The NLC president, Comrade Ayuba Wabba, noted in Abuja, Nigeria’s capital, that such action was disheartening to workers across Nigeria.

“The mass retrenchment billed for the end of November 2019 targets workers whose ages range between 35 and 55 years and who have put in an average of 5 years in the services of First Bank of Nigeria PLC,” a statement from the NLC president read.

“In an effort to promote industrial harmony, the NLC asked the management of First Bank of Nigeria to with immediate effect suspend its plans to retrench over one thousand workers in the employment of First Bank of Nigeria PLC.”

Wabba also said that ”a genuine engagement on this issue with our affiliate, NUBIFIE, which is your workers’ representative organization; and adequate measures to re-assure workers of First Bank of Nigeria PLC of your bank’s commitment to protect their rights at work” would be appreciated.

But NLC added that should the bank fails to give due consideration to their demands, the union “would be left with no other option than to adopt time tested trade union measures to protect the interest and welfare of workers in your organization.”

He explained that what Labour laws recognize and what is extensively provided in Sections 7 and 11 of Nigeria’s Labour Act is that ”employers are required within three (3) months of engagement of an employee to give the employee a written contract of employment which must specify among other things a description of the parties to the contract of employment, the nature of the services (s) to be rendered, the tenure of the contract, remunerations which must be paid, hours of work, the period of notice to be served before the contract can be terminated and possible grounds for the termination of an employee’s contract.”

NLC Reacts to First Bank's Plans To Sack Over 1,000 Staff NLC Reacts to First Bank's Plans To Sack Over 1,000 Staff Reviewed by JNJ GLOBAL GIST on December 03, 2019 Rating: 5

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