Jeffyblaq:


For real?

You actually typed this and it made some good sense to you?

You must be a terrible person within and out!

if you own a business you won't say such at the detriment of your business...

DonMustafa:
It is better to cut staff salaries than to sack them. Even if the staffs will hunt for other jobs, at least something still comes in monthly to pay bills. Complete sack is terrible.

Those of you begging bankers money, you see it is not easy anywhere in Nigeria. That is why I recommend online dating for people who need financial assistance. White people have good hearts. They have pity. They will help you if they have. You never know until you try. If it is only $500 the person sends, this is N200,000. Imagine what N200,000 will do in your life now.

This is what I did last year December when I was broke. I got a white lady through online dating and begged her. She help me and I opened a betting shop that is feeding me up to today. If I did not do online dating in December, by this lockdown, I would being eating sand. Don't just eat all the money you get. Start something small.

For those people sending PM and asking me which dating site I used, it is Bit Mistress. See the link in the pic below

then suggest the dating sites to asist

DonMustafa:
It is better to cut staff salaries than to sack them. Even if the staffs will hunt for other jobs, at least something still comes in monthly to pay bills. Complete sack is terrible.

Those of you begging bankers money, you see it is not easy anywhere in Nigeria. That is why I recommend online dating for people who need financial assistance. White people have good hearts. They have pity. They will help you if they have. You never know until you try. If it is only $500 the person sends, this is N200,000. Imagine what N200,000 will do in your life now.

This is what I did last year December when I was broke. I got a white lady through online dating and begged her. She help me and I opened a betting shop that is feeding me up to today. If I did not do online dating in December, by this lockdown, I would being eating sand. Don't just eat all the money you get. Start something small.

For those people sending PM and asking me which dating site I used, it is Bit Mistress. See the link in the pic below

Bit mistress that you've to sign up with 29usd per month something that got monthly and yearly sub.... Something that looks more than a scam sef

majamajic:
I was talking with one salary earner , he said he wish the lockdown never ends , he was full of confident

I laughed him ,

That's how naive those folks are , they never understand the reality of their jobs

jasmine1600:
Nigerians don’t even know the present harsh economic situation they are in.
Expect other institutions to follow suite.
We presently have a government tht have ran out of propaganda, tht don’t even kn how to face the problem squarely.

Not just Nigerians, I’m afraid...
The ENTIRE WORLD is due some pain, some more than others though.
>

Jalinspy:
Those who knows how the economy works will surely anticipate this. This is partly a reason sensible countries are paying their citizens some monies to ease the effect of this pandemic, but in naija its the highest thief gets it all. Nonsense country

I’m afraid that Nigeria doesn’t have money to share among its citizens, because Nigeria is actually a POOR country (as much as people do not want to face reality and our rulers behave otherwise). In many of those countries, laid-off workers are only getting benefits from unemployment INSURANCE (which means they made payments from their wages), and in other countries most citizens actually pay their full taxes as and when due, giving the government more revenue to build and sustain a social safety net. Here, everyone is looking share money but no one contributes.
>

Go into farming to avoid famine

9jaRealist:
.
THE HEADLINE IS A TAD MISLEADING....

Access Bank outsources most of its NON-BANK functions (such as security, cleaners, etc.). Those people are not employed directly by the bank itself, but rather by third-party subcontractors. It is these services that Access Bank intends to rationalize, which would end up presumably disengaging about 75% of such contracted persons. Doubtful that more than a small percentage of actual Access Bank core staff will be disengaged (albeit there are probably several areas of duplication post-merger with Diamond Bank that might be trimmed during this crisis).

Either way, some people are due for pain and an uncertain near-future...
Perhaps all those generous Access Bank Covid donations should have been reserved for these folks. Good luck to all.
>

The above is misleading and uncalled for.


75% of workers will be relieved, per Wigwes video. Does it really matter if they are actual or contract staff?

75% is more than some. That’s a majority.
Plus I have a friend that works in their foreign exchange dept who is a contract staff. They are not all cleaners and security men.

Exactly what I mean is that the topic is not misleading and this potential sack calls for worry for lots of families.

Dpharisee:


Read you no go read even headline but you want us to read your comments.
Wetin concern First Bank for this matter?
You must be related to [b][/b]

How did you know!! Yha right!!


It's corrected mahn!! Thanks

audio caughting even if its a video catching what our own.

cbngov01:


Did u even read the write up. How do first bank and access relate?

Corrected.. thanks

Buhari government & job loss
na like amala & ewedu,,,,, always moving
hand in hand.

The access bank have started sacking staff since yesterday. I saw the list of some of the outsourcing staff sack...Nigeria is in mess

Did they just donate 1bn to FG show off, or is COVID-19 an excuse to retrench workers?
What if the lockdown had continued beyond now, would they retrench 100%.

Lol...Access Bank sha.. I thought they donated 1Billion naira to FG to fight coronavirus..Misplaced priority..!!!

wman:
Oh my God.

I really feel for those non-essential workers. And many of those that previously worked in Diamond Bank. Especially those Diamond bank branches close to an Access Bank branch. We have too many branches of both banks few feet away from each other.

I really hope some of those workers saw this coming and took measures to cushion the incoming retrenchment.

For those talking about a 1 billion naira donation. 7000 people x N100,000 = N700,000,000 or N700 million in a month.

Their permanent staff is just 7000. Their temporary/contract workers are far more than that. Also, many workers collect far more than N100k. So that N1 billion is far less than their salary budget for a month.

Access Bank has a total staff strength of 28,000 with a personnel expenditure of N76 billion in 2019. That's over N6 billion a month.

You must also realise that some of these donations are eye-service that is key to getting contracts and favors from the government. Also, it is a PR move. In the next few years, they will tell investors and the general public how they helped Nigerians during the Covid-19 crisis. Everything is well-calculated and factored out.

There will be a global recession, and it makes no sense to have a bloated workforce. In the end, I blame China for all these.

The N1bn is "just a Month's Budget" right ?

Well a Month is a big deal in business. Even for big ones.
How many months have we had the lockdown ?

In fact, in less than 2 weeks into the lockdown, Large Companies were already Complaining of being hugely affected by it. So explaining away 1bn as "just a Month expense" doesn't cut it.

Your take on the donations as a PR move is brilliant though. I too have been searching for a reason to explain it. This seems apt.

Panic In Access Bank As MD, Herbert Wigwe Announces Plan To Retrench 75% Of Staff

https://www.codedhits.com/frenzy-in-access-bank-as-md-herbert-wigwe-announces-plan-to-retrench-75-of-staff/

Access bank has always been a very useless bank from inception with their evil and useless wigwe. Pandemic or not, they have never been up to any good.

DonMustafa:
It is better to cut staff salaries than to sack them. Even if the staffs will hunt for other jobs, at least something still comes in monthly to pay bills. Complete sack is terrible.

Those of you begging bankers money, you see it is not easy anywhere in Nigeria. That is why I recommend online dating for people who need financial assistance. White people have good hearts. They have pity. They will help you if they have. You never know until you try. If it is only $500 the person sends, this is N200,000. Imagine what N200,000 will do in your life now.

This is what I did last year December when I was broke. I got a white lady through online dating and begged her. She help me and I opened a betting shop that is feeding me up to today. If I did not do online dating in December, by this lockdown, I would being eating sand. Don't just eat all the money you get. Start something small.

For those people sending PM and asking me which dating site I used, it is Bit Mistress. See the link in the pic below

Are you mental?

Venerable612:


The above is misleading and uncalled for.


75% of workers will be relieved, per Wigwes video. Does it really matter if they are actual or contract staff?

75% is more than some. That’s a majority.
Plus I have a friend that works in their foreign exchange dept who is a contract staff. They are not all cleaners and security men.

Exactly what I mean is that the topic is not misleading and this potential sack calls for worry for lots of families.

Both the topic and the content is misleading. How can a bank sack 75% of it's workforce? How is that possible? People listened to a video without understanding simple statement.

Herbert said, those auxiliary staff constitute 75% of the entire workforce and their contract will be reviewed with their employers to know the number that is actually needed by Access Bank.

Mind you, the bank might end up disengaging only about 30-40% of the contract staff.

For professional staff, he mentioned that the pay cut will be based on level. If the GMD gets 40% deduction then the lowest officer might get like 5% deduction.

But why?

Which meant these bank are really making their money from Lagos,Ogun and Abuja

DonMustafa:
It is better to cut staff salaries than to sack them. Even if the staffs will hunt for other jobs, at least something still comes in monthly to pay bills. Complete sack is terrible.

Those of you begging bankers money, you see it is not easy anywhere in Nigeria. That is why I recommend online dating for people who need financial assistance. White people have good hearts. They have pity. They will help you if they have. You never know until you try. If it is only $500 the person sends, this is N200,000. Imagine what N200,000 will do in your life now.

This is what I did last year December when I was broke. I got a white lady through online dating and begged her. She help me and I opened a betting shop that is feeding me up to today. If I did not do online dating in December, by this lockdown, I would being eating sand. Don't just eat all the money you get. Start something small.

For those people sending PM and asking me which dating site I used, it is Bit Mistress. See the link in the pic below

Nairalanders will now bombard this Bit Mistress site the way they did to that fake Bayern Munich page shamelessly begging. Some will even invite their friends and family members to visit the site.

Psalm 91 .


Where is your faith?

What some direct staff of the bank earn in a month can pay about 10-15 contract staff & those guys are still entitle to other allowances. Yes, the bank can actually do without the tea girls, few cleaners, securities and some tellers but how much do these set of staff even cost the bank. As far as i am concern a larger chunk of their salary expenses is on their core staff.

Wow!

don4real18:

Are you selling a duplex for 6m or you are selling the land?

Land sir

Such a shame.

wman:


You must also realise that some of these donations are eye-service [/b]that is key to getting contracts and favors from the government. Also, [b]it is a PR move. In the next few years, they will tell investors and the general public how they helped Nigerians during the Covid-19 crisis. Everything is well-calculated and factored out.

There will be a global recession, and it makes no sense to have a bloated workforce. In the end, I blame China for all these.

As a matter of fact, donations made towards covid-19 by corporate bodies and individuals are tax deductible, meaning that when it comes to paying their corporate taxes these donors can (and trust me, they will) deduct the donations made from the tax payable. Hence, most of these donations are actually prepaid taxes in the real sense of it and not "donations".

menix:
They should better ask FG to refund their 1 billion naira nd use same to pay salaries..

Small small Covid 20 (hunger nd suffering) is setting in..

Uwa Mmebi..

The huge price to pay for taking a fvcking holiday...

The coming job losses across all sectors will be devastating!!!... The longer this lock down persists, the worse it gets.

DonMustafa:
It is better to cut staff salaries than to sack them. Even if the staffs will hunt for other jobs, at least something still comes in monthly to pay bills. Complete sack is terrible.

Those of you begging bankers money, you see it is not easy anywhere in Nigeria. That is why I recommend online dating for people who need financial assistance. White people have good hearts. They have pity. They will help you if they have. You never know until you try. If it is only $500 the person sends, this is N200,000. Imagine what N200,000 will do in your life now.

This is what I did last year December when I was broke. I got a white lady through online dating and begged her. She help me and I opened a betting shop that is feeding me up to today. If I did not do online dating in December, by this lockdown, I would being eating sand. Don't just eat all the money you get. Start something small.

For those people sending PM and asking me which dating site I used, it is Bit Mistress. See the link in the pic below

Wow, Nigerian men, where is your dignity and self respect?!!