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Nairaland Forum / Nairaland / General / Jobs/Vacancies / Breaking: FG Order Banks Not To Sack Workers (27781 Views)
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Breaking: FG Order Banks Not To Sack Workers by Oilandgas1(m): 6:27am On Jun 04, 2016 |
The federal government has directed banks, insurance and financial institutions to suspend plans to sack workers in the sector. Minister of labour and employment, Chris Ngige in a statement said; “Following spate of petitions and complaints from stakeholders in the banking, insurance and financial institutions, I hereby direct the suspension of the on- going retrenchment pending the outcome of the conciliatory meetings in the industry,” “This is as a result of the apprehension by my office of the various disputes in the sector in accordance and in compliance with the provisions of the labour laws of Nigeria. “In this wise, all the retrenchments and redundancies done in the last four months and all proposed ones should be put on hold pending the outcome of the proposed stakeholders’ summit for the banking, insurance and financial institutions’ employers and employees, slated for July 2.” The statement added that the continued retrenchment and redundancy by the sector were jeopardising the outcome of the reconciliatory and mediatory processes undertaken by the ministry. https://www.thecable.ng/breaking-fg-orders-banks-not-sack-staff 6 Likes 4 Shares |
Re: Breaking: FG Order Banks Not To Sack Workers by maxwell767(m): 6:33am On Jun 04, 2016 |
Good move there..... Good morning Seun, lalasticlala, moderator and distinguished men and ladies of Nairaland. HAPPY WEEKEND to you all. FTC! #Seun must give me weekend award# 7 Likes 1 Share |
Re: Breaking: FG Order Banks Not To Sack Workers by emeijeh(m): 6:38am On Jun 04, 2016 |
But can they really stop these banks if they(banks) want to sack? I don't think so 78 Likes 2 Shares |
Re: Breaking: FG Order Banks Not To Sack Workers by Cutehector(m): 6:44am On Jun 04, 2016 |
Gbam! The power of the Federal Government 3 Likes |
Re: Breaking: FG Order Banks Not To Sack Workers by HungerBAD: 6:55am On Jun 04, 2016 |
I don't know how true this news is. But in a democratic setting,the Federal Government cannot interfare in the free market. The Banks are not owned by the Government,and as it is obtainable all over the world,the Government plays a regulatory role and nothing else. The Government cannot dictate to banks on who to sack or not. 226 Likes 15 Shares |
Re: Breaking: FG Order Banks Not To Sack Workers by agbangam: 6:55am On Jun 04, 2016 |
Good move |
Re: Breaking: FG Order Banks Not To Sack Workers by kingphilip(m): 6:55am On Jun 04, 2016 |
This is laughable.. Big time laughable. Even if I don't like how people are been retrenched, I can't help but wonder how the government expect the so called banks, insurance and other financial institutions to keep up with holding on to employees when they don't have the financial wherewithal to keep up with them They should rather coarse state government to stop sacking workers instead because most of these financial institutions are private owned and are out to make profit 88 Likes 3 Shares |
Re: Breaking: FG Order Banks Not To Sack Workers by sammyj: 6:55am On Jun 04, 2016 |
I advise the FG to rather provide alternative job opportunities for the Nigerian people which America is currently doing in the agriculture sector which just added 30,0000 job in one month alone rather than stopping the banks from down sizing if thier private business is not yielding profit !!!! 42 Likes 3 Shares |
Re: Breaking: FG Order Banks Not To Sack Workers by Saintbonnie(m): 6:55am On Jun 04, 2016 |
Very laughable. How can they dictate how they run their businesses when they haven't created enabling environment for their businesses to thrive. 88 Likes 4 Shares |
Re: Breaking: FG Order Banks Not To Sack Workers by oluwato69sin(m): 6:56am On Jun 04, 2016 |
Some people will still come to this thread and spit hateful rubbish ...when the thread that workers were sacked, same idiots government should do something, now you're shouting this is not military rule, even if they transfer all Nigerians to the u.s and transfer Americans here, we can never be satisfied 12 Likes 3 Shares
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Re: Breaking: FG Order Banks Not To Sack Workers by RichDad1(m): 6:56am On Jun 04, 2016 |
Hope they'll provide money for the banks to pay their over bloated and redundant staffs. Although I'm against the incessant sacking of staffs by these visionless banks but the earlier they prune down their huge salary overhead the better for the profitability of the banks. 4 Likes 1 Share |
Re: Breaking: FG Order Banks Not To Sack Workers by pendusky(m): 6:56am On Jun 04, 2016 |
In One year, We will create 3m jobs, and in one year they successfully did that but in opposite direction! Sorry for all those that loose their jobs! I just hope they didn't vote APC to be sacked later. Good Morning Nigeria! Dr Ngige! good moves Nigerians are watching you... 16 Likes 1 Share |
Re: Breaking: FG Order Banks Not To Sack Workers by edlion57(m): 6:56am On Jun 04, 2016 |
Dis government love media so much 5 Likes 1 Share |
Re: Breaking: FG Order Banks Not To Sack Workers by MyParadise(m): 6:56am On Jun 04, 2016 |
ok |
Re: Breaking: FG Order Banks Not To Sack Workers by Generalmac(m): 6:57am On Jun 04, 2016 |
Any alternative? |
Re: Breaking: FG Order Banks Not To Sack Workers by onismate: 6:57am On Jun 04, 2016 |
Is it the FG that is paying their staff salaries that They should stop them! Nawah for them oooh.. 2 Likes |
Re: Breaking: FG Order Banks Not To Sack Workers by Elinob(m): 6:57am On Jun 04, 2016 |
Buh y all dis sacking? |
Re: Breaking: FG Order Banks Not To Sack Workers by GrandMufti: 6:57am On Jun 04, 2016 |
a government at war with itself 14 Likes 1 Share
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Re: Breaking: FG Order Banks Not To Sack Workers by FolabiCash: 6:57am On Jun 04, 2016 |
Imagine 1 Like |
Re: Breaking: FG Order Banks Not To Sack Workers by gift01: 6:57am On Jun 04, 2016 |
We are not in the military era. You can't order anyone not to sack. You make the environ conducive for business and watch the magic that happens. Where's the yearly 3 million jobs promised? 9 Likes |
Re: Breaking: FG Order Banks Not To Sack Workers by Surfboard(m): 6:58am On Jun 04, 2016 |
This is funny. How can government order private businesses on how they should run? Government should be coming up with policies that should keep people in their jobs, and not ordering banks, except they want to start helping banks pay their staff. Another big miss from this government. 2 Likes |
Re: Breaking: FG Order Banks Not To Sack Workers by ThreeGEEKS(m): 6:58am On Jun 04, 2016 |
Hope they will not deny it tomorrow . |
Re: Breaking: FG Order Banks Not To Sack Workers by LuckyLadolce(m): 6:58am On Jun 04, 2016 |
Re: Breaking: FG Order Banks Not To Sack Workers by Sirmuel1(m): 6:58am On Jun 04, 2016 |
As if the Government will be in charge of the salaries |
Re: Breaking: FG Order Banks Not To Sack Workers by Nobody: 6:59am On Jun 04, 2016 |
Nonsense,is it FG that wants to help them pay salaries? Create an enabling environment, and see business blossom. 3 Likes |
Re: Breaking: FG Order Banks Not To Sack Workers by Pavore9: 6:59am On Jun 04, 2016 |
Will the FG help the banks pay the workers' salaries? |
Re: Breaking: FG Order Banks Not To Sack Workers by Nobody: 6:59am On Jun 04, 2016 |
What a caricature of governance. W I'll the federal govt now start paying them for the banks? 1 Like |
Re: Breaking: FG Order Banks Not To Sack Workers by Kaybee14(m): 6:59am On Jun 04, 2016 |
I hope so. Anyway, it is well. |
Re: Breaking: FG Order Banks Not To Sack Workers by crazygod(m): 7:00am On Jun 04, 2016 |
Last I checked, commercial banks are not govt companies. What jurisdiction does the federal govt have as regards human capital in banks, na dem dey pay salary ni? 1 Like |
Re: Breaking: FG Order Banks Not To Sack Workers by Nicur: 7:00am On Jun 04, 2016 |
government of orders!! short man devil ngige thinks this is military rule will orders pay their salary? rubbish!!! 3 Likes |
Re: Breaking: FG Order Banks Not To Sack Workers by Nobody: 7:00am On Jun 04, 2016 |
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