• FG orders banks to stop sacking workers

    FG orders banks to stop sacking workers

    According to reports, the Federal Government has directed banks in the country to halt the ongoing retrenchment of workers in the banking sector.

    The Minister of Labour and Employment, Dr. Chris Ngige, directed that all ongoing retrenchment exercises should be put on hold to await the outcome of conciliatory meetings in the industry, being held by the ministry, in a statement on Friday.

    Ngige said that the directive became necessary in view of the fact that sacking of workers by the banks […]