.

Hopeless government.

Priest200:
All this people wey dey comment say mk gov shutup..una no get ppl 4 bnk or mtn that y..na salve they b

You are an economic dunce. No bank sacks willingly. They sack so they can remain in business.

NGIGE NA WAA

Flexherbal:
FG should go and sit down.
Can't they employ their citizens?

For where Your papa house

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Kenai:
Soooooo, let me get this straight - Bank X sacks 100 workers, and you respond by threatening to withdraw their license, possibly leading to a total closedown of the bank, culminating in 900 of their remaining staff becoming jobless?

Wow!!! Buharinomics in full throttle!
An ILLITERATE will forever be an ILLITERATE!

I hope you're still enjoying your NEPA bill certificate brandishing president.

Nigerians have got to be among the dumbest iddiots on earth.

guy,you know you just insulted yourself.

pyxon:
Your broke father is a drunk.

na so that small statement pain u reach? Na wa for u o.

This government will not cease to amaze me. Continue to run a government-of-threat. You have run the economy aground and the companies have to adopt survival tactics to remain afloat or can you pay their employee for them or grant them tax holiday?

metrosexual:
Necessity is the mother of invention. People do extremely impossible things in dire situations, that said, the government needs to look into better ways on how to curb unemployment as I don't see such a threat or order to banks as something good enough.

We know the nation is in hard times but what annoys me most is how some folks rubbish the present administrations' anti corruption work. PDP had 16 years to lock all APC/CPC/ACN crooks up if they were interested in fighting corruption as they were elected and paid to do. If they couldn't do that and APC is now locking PDP crooks up, I for one don't want to hear their sob stories. So long as some crooks are getting locked up, that is progress.

All these APC Zombies, una no dey hear word.. Do u need us to fly you to london to see a ear specialist like Mr Dullinho?

muller101:
na so that small statement pain u reach? Na wa for u o.

Sen Ngige is someone's father too

Lol@Aroh48 na wetin Buhari do you oh..isn't this too harsh !

Is it the govt that will pay their salaries? After mopping up all funds and thereby frustrating the banks, you still want to dictate what and what they should not do. If you issue the license nko? Withdraw it whether that will solve the problem.
Policy inconsistencies everywhere...
Diversify to agriculture; remove fertilizer subsidy
Remove fuel subsidy; refusal to increase minium wage
Send soldier to Niger-Delta; withdraw them with immediate effect etc
Which way forward?

https://www.youtube.com/watch?v=t92deAXqElA

[size=14pt]Reappraising State Of Nigerian Banks[/size]

i hope chris ngige has not taking some weed.

It's now I believe that this govt has no clue of how an economy is run...

LuckyLadolce:
Truth be told.. Normally, Our banks are useless, they want cheap labour, they set unrealistic target, so they take opportunity of situations like this to sack people and overlabour the few ones left in the system. Go find out about all these banks sacking, some of their Executive director's take home is 6/7m per month and yet they will team up to sack an Executive trainee who receives just 150k per month or a contract staff who get 60/70k atfer several years in the system. Banks can still cope in this economy. They are lying to most people about their inability to pay staff. Let them also cut the amount being paid to the top staff. Banking sector has the most corrupt, selfish, inhumane and slaverymasters leaderships. This so called bank's management want to take virtually all the benefits. If possible, they want free labour. You don't just want to know what banks' directors get as profit sharing allowance. You may faint!

APC reasoning........shameless party

.

eHydrated:

All these APC Zombies, una no dey hear word.. Do u need us to fly you to london to see a ear specialist like Mr Dullinho?

This guy's case has deteriorated beyond ENT treatment. Let me suggest a neurosurgeon.

You stopped the Government agencies from banking with them in the name of Treasury Single Account, you technically stopped them from forex trading, you introduced harsh economic policies that affect businesses which lead to little or no deposits in the banks. The banks are now broke.

How do you want them to pay salaries or you want them to excrete money?


Yeye Government.

This talkative government has not release any vacancy in all her MDAs and parastatals since the time they resume office, yet they are threaten private organisations that are paying workers salary out of their nose in this burism poor economy situation. I think this is worst governance I was ever witness since I was give birth to.
APC party God dey o!

masqot:
Is it the govt that will pay their salaries? After mopping up all funds and thereby frustrating the banks, you still want to dictate what and what they should not do. If you issue the license nko? Withdraw it whether that will solve the problem.
Policy inconsistencies everywhere...
Diversify to agriculture; remove fertilizer subsidy
Remove fuel subsidy; refusal to increase minium wage
Send soldier to Niger-Delta; withdraw them with immediate effect etc
Which way forward?

This way sir!

Nigerians have got to be among the dumbest iddiots on earth.[/quote]lol. yhu inclusive!!!

But seriously everything has gone wrong under Buhari's Administration i feel bad for the administration it's a lesson for people not to want things so badly cos in the end we often get what we wish for and find out it's not as savoury as the promise it shouts before we have it in our grasp

Since banks can no longer sack it means that they will slash salaries.

At least sacking people get wind of it.... Halfing salaries who gets wind of that.

Either way between a rock and a hard place

Rubbish!! You withdrew all the money circulating in the system into TSA. EFCC is holding trillions in frozen account. Naira is crashing. You are arresting their CEOs and MD, signed budget and yet no money release. Investors running out and quickly selling their shares. Yet you don't want banks to sack staff. Na you go pay salary for them ! No incentives and you have the audacity to even talk. Please go and face face your Oga and tell him the truth. You don't even need to be an economist to understand basic principles of money. Time is ticking!

Adesiji77:
Withdrawal of licenses would lead to more job losses...or am I missing something?




: http://www.vanguardngr.com/2016/06/mass-sack-fg-threatens-withdraw-license-recalcitrant-banks-telecom-companies/

Mumu, yeye dey smell, as much as I support the government of the day, I think it's absolutely out of place for the minister to say they shouldn't sack when you and I know the country is going through a tough time. Anyway there is no wrong for the government to pay the sacked workers since they are Nigerians as this will help the bank reduce its operating cost.

If a minister can say this nonsense without being called to order then this government is taking us nowhere.Even an illiterate knows better.

I clap @ Babateemd fantastic truth if such comibnation is allowed speak on brotha...Correct !

Babateemd:
Rubbish!! You withdrew all the money circulating in the system into TSA. EFCC is holding trillions in frozen account. Naira is crashing. You are arresting their CEOs and MD, signed budget and yet no money release. Investors running out and quickly selling their shares. Yet you don't want banks to sack staff. Na you go pay salary for them ! No incentives and you have the audacity to even talk. Please go and face face your Oga and tell him the truth. You don't even need to be an economist to understand basic principles of money. Time is ticking!

Fantastic this is my Nairaland opinion of the week..Bro send your account details make we flash you.You have spoken just like the gods would speak.Decisive coherent and very authenticate about the government of the day

Aroh48:
guy,you know you just insulted yourself.

He is proudly 5%

nkemjacob2:
i hope chris ngige has not taking some weed.

Nwanne. No dy insult our own leaders for public na