NLC gives Banks 2 weeks ultimatum to recall sacked workers or face industrial action

Hamilton Nwosa
Writer

Ad

The Gift of Hindsight: What I Would Tell My Younger Self, By Johnson Babalola

By Johnson Babalola @jbdlaw Hindsight, they say, is life’s most generous teacher—but it sends its lessons late. It is only after the storms that the patterns become clear; only after the wrong turns that the map begins to make sense. As I celebrate another birthday today and have grown older, I often find myself reflecting…

Gasoline Prices Drop Toward Pandemic-Era Lows

The national average price of gasoline dropped below $3 a gallon over the weekend. GasBuddy has predicted that prices will go even lower in the coming weeks, with good prospects of motorists enjoying sub-$3 prices for extended periods. This drop is overwhelmingly being driven by the significant increase in oil production from OPEC throughout 2025.…

Alleged Christian Genocide Claim is Damaging Nigeria’s Image– Tuggar Laments

By Abiola Olawale Minister of Foreign Affairs, Yusuf Tuggar, has voiced concern over what he described as the damaging impact of the "Christian genocide" narrative on Nigeria's international image. This is as the Minister claimed that the country's complex security challenges are being falsely simplified as religious persecution. Speaking at the Reuters NEXT Gulf Summit…

Ad

The Nigerian Labour Congress (givesĀ ) wednesday issued a 14-day ultimatum to six banks to reinstate sacked workers or face shut down of their headquarters and branches across the country.

The letter of ultimatum was issued to Fidelity Bank, Diamond Bank, First City Monument Bank, First Bank, Eco Bank and Skye Bank.

At the last count, the six banks had sacked nearly 3,000 workers citing economic recession and dwindling returns as the reason for mass sacking of their staff.

But a statement, signed by the NLC Deputy General Secretary, Mr. Chris Uyot, on behalf of the President, Ayuba Wabba, said the inability of the banks to address the crisis with the National Union of Banks, Insurance and Financial Institutions Employees prompted the NLC to take the current stand of shutting down the banks.

Uyot said: ā€œI have been directed to notify you that we have been informed by our affiliate union, the National Union of Banks, Insurance and Financial Institutions Employees that your bank has arbitrarily sacked a large number of workers contrary to laid down procedures and the country’s extant labour laws.
ā€œIn addition, you have also resisted unionisation of workers in your bank despite spirited efforts by the union to amicably engage you in the process.

ā€œBy this letter, we are giving your bank 14 days ultimatum commencing from today to immediately recall all workers sacked and allow unionisation of workers in the bank or face industrial action, which may include closure of your banks and all its outlets nationwide.

ā€œWhile hoping our request meets your kind consideration, please, accept our goodwill and best regards.ā€

Ad

X whatsapp