FG to banks: Recall sacked workers or…

By Wahab Akanji, Abuja

The Federal Government has read the riot act to banks and other financial institutions in the country, saying it will no longer tolerate them operating in the country by floating its directive not to sack workers. 

Rather, the Federal Government stated that that should they fail to comply with the directive, the may have themselves to blame. 

Minister of Labour and Employment, Senator Chris Ngige who gave the indication in Geneva, Switzerland said the government will not fold its hands and watch Nigerian workers being treated like slaves in their own country and thrown out of jobs by employers of labour without due process. 

The Minister who was reacting to the statement by the Nigeria Employers Consultative Association that the power to hire and fire does not rest with government said the government will not fold its hands and watch employers treat Nigerians like slaves. 

He said if the banks who recently sacked their workers failed to comply with the government directive to maintain status qua, the government know exactly what to do, saying, “after all, the banks have licenses that are issued by government.”

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