|
Listen to article
|
There are indications that the Central Bank of Nigeria (CBN) may retire about 1,000 of its employees by December 31, 2024.
This is according to a recent report sent to News Outlets in Nigeria, which states that the exercise will cost the apex bank ₦50 billion.
The CBN, led by Olayemi Cardoso, described the move as a strategic realignment of its workforce.
Read Also: Minimum Wage: ‘I’ll Sack You’ – Ebonyi Gov To Striking Workers
This comes as, in the last 10 months, the CBN disengaged many of its staff, including 17 directors who served under the immediate past governor, Godwin Emefiele.
In a circular released three weeks ago by the CBN, it stated that the application for the Early Exit Package (EPP) was open to all cadres of staff and would close by Saturday, December 7.
According to the circular, staff exempted are those yet to be confirmed or who have served less than one year “as of the date of publication,” with the effective date of exit set at December 31, 2024.
“Financial incentives for all other cadres of staff shall be for the remaining period in service, up to a maximum of 18 months of current grade gross annual emoluments,” it added.
However, the apex bank is yet to officially comment on the planned retirement of 1,000 staff by year-end.
In another news, the Ebonyi State governor, Francis Nwifuru, has given workers in the state 72 hours ultimatum to resume work or face dismissal.
The governor also threatened to replace them after their dismissal from duty.
Nwifuru’s action followed a seven days warning strike embarked on by the Nigeria Labour Congress, NLC, Ebonyi State wing.
Addressing newsmen on Monday in his office at the new Government House, Centenary City, Abakaliki, Nwifuru said the state government is not owing any worker.
He stated that the state government has approved N75,000 as minimum wage and has already started paying.
The NLC, Ebonyi State, had on Sunday commenced a seven days warning strike over the non-implementation of the new minimum wage in the state.
However, reacting to the strike, Nwifuru said, “If you don’t go to work, not only that I will not pay you salary, but I will replace you within 72 hours in your office.
