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Nigerian banks asked to reign in mass dismissals.

Global Banking News-August 12, 2016--Nigerian banks asked to reign in mass dismissals

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Global Banking News - 12 August 2016

Dr Chris Ngige, minister of Labour and Employment has warned Nigerian banks over mass dismissals.

The minister said that banks are not expected to violate labour norms in the nation. The minister said that workers must be treated with dignity and respect.

Ngige said, 'You must obey all laws of the land, including labour laws, such as the Trade Union Act, T14 law of the federation concerning redundancy, and the Trade Dispute Act, which deals with the management of trade disputes, including employee-employers' relationship. The ILO takes very seriously the issue of workers' maltreatment in various guises, be it in the industries, construction sites or public service. Workers should be treated with dignity and decency.'

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Publication:Global Banking News (GBN)
Date:Aug 12, 2016
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