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 506 Sacked Afri Bank Staff Want CBN, NLC To Intervene
Posted By: On: 11 Jul 2009 5:29 AM
Details By Abdulaziz A. Abdulaziz

The Central Bank of Nigeria (CBN), the Nigeria Labour Congress and the House of Representatives have been called upon to intervene and save the souls of 506 staffers of Afri Bank Plc who were retrenched without full redundancy benefits.

Addressing journalists recently in Kano , the spokesperson for the retrenched staffers, Malam Maikudi Aminu, lamented that the bank has refused to respond to the issues raised in the letter they sent to the bank on the 22nd day of last month.

"We send our SOS to CBN and other concerned government agencies to wade into this matter and ascertain whether we are right or wrong," he said.

They also threatened to drag the bank to court when the ultimatum given to the bank expires.

According to the ex-staff, the bank terminated their appointments after serving it for between 10 to 20 years and claimed that they are entitled to full redundancy payment as the law says.

"The employment protection law has imposed an obligation on employers to make full payments to their employees who have been disengaged from service by reasons of redundancy".

The spokesman further alleged that instead of them to be paid on the basis of current salary scale, they were paid on the old salary scale of 2005. They argued that previously retrenched staff were paid based on their current salaries.

"Redundancy payment according to article 5 (a, b, c & d) is based on the employee's current basic salary, housing, transport and lunch subsidy," the ex-bankers stated.

Aminu , whose appointment was terminated as a manager, said going by the bank's decision to pay them based on retroactive principle, the amount he received as benefit was less than what a driver received in the bank's previous retrenchment exercise.

They noted that since they served the bank diligently for more than a decade, they should be duly paid their entitlements as provided by the law.

Source:Leadership Nigeria


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