No fewer than 200 officials of the Central Bank of Nigeria were on Friday relieved of their duties.

This is an addition to the long list of ongoing disengagements in the apex bank.

This adds to the list of 117 staff sacked by the bank between March 15 and April 11, 2024.

The termination of appointments affects directors, deputy directors, assistant directors, principal managers, senior managers and lower-ranking staff.

Impeccable sources who are staff of the bank confirmed the sack to our correspondent on Friday, saying that those sacked are not less than 200.

They revealed that affected persons include older directors who were not affected by the last round of retrenchment.

One of the sources in a 20-second call with our correspondent simply stated, “It is true and confirmed.”

The staff member who could not disclose further details for fear of victimisation added that the move has caused apprehension among staff of every cadre as the management has not specified any criteria for the decisions.

Another source confirmed the information, indicating that additional dismissals are expected in the months ahead, spread out across staggered phases.

The official said, “It is real and is even more than 200 officials but the actual number is unconfirmed yet. The sack is coming in staggered phases and that is why we can’t confirm the number yet. But it is not less than 200.

“The sacked persons include directors, and other cadres but the ones that are easily known are the directors. Some of the batch of old directors that were not affected during the last round of sacks are now affected.”

The sack letter obtained by our correspondent and issued by the Human Resources Department on May 24, 2024, said the policy was to reorganise the organisation for effective operations.

The letter, lacking a signature read, “The new strategic direction of the bank has been widely publicised. In line with our new mission and vision, the bank is currently undergoing a significant organisational and human capital restructuring process.

“As a result of this review, I have been directed to notify you that your services will not be required with effect from Friday, 24th May 2024.

“Your final entitlements will be calculated and paid to you in due course. Thank you”

In February, at least 1,500 members of staff of the apex bank of Nigeria were redeployed from the headquarters located at Central Area to its Lagos office.

At the time, the CBN said the action was necessitated by several factors, including the need to align the bank’s structure with its functions and objectives and redistribute skills to ensure a more even geographical spread of talent.

It added that it was also in compliance with building regulations, as indicated by repeated warnings from the facility manager, and the findings and recommendations of the Committee on Decongestion of the CBN Head Office.

A memo issued to staff read, “This is to notify all staff members at the CBN Head Office that we have initiated a decongestion action plan designed to optimise the operational environment of the Bank.

“This initiative aims to ensure compliance with building safety standards and enhance the efficient utilisation of our office space”.

Efforts to get the reaction of the bank’s Director of Corporate Communication, Hakama Sidi Ali, was not successful as she did not pick up her call or respond to the text messages to her line.

https://www.google.com/amp/s/punchng.com/ebonyi-varsity-lecturer-denies-wrongdoing-in-students-suicide/%3famp

It shows clearly that the economy is not looking good except laying off staffs would lead to economic recovery.

Smithkafors:


Why will they wail?. Your sisters or family or villagers affected than the people you are trolling.

Your guys problem is that you feel everything is about politics. You vote incompetent people every year and expect a change.

You can’t even mention one sector in Nigeria doing great since 8yrs ago till now.

Make una try dey reason abeg.

You will explain till 2031

Across all sectors, the administration must carry out a personnel audit. Most times, the children of politicians are elevated with even some retiring staff of some lucrative agencies bringing their children.

If it is not true, when has CBN, FIRS and NSPMC done open recruitment?

From our findings, these children of politicians are not making meaningful contributions to the agencies.

Until the children of politicians are kicked out, it would be hard to believe that they are sincere.

Emefiele’s properties forfeited to the federal government include;
1) 94 Units of 11 Storey building under Construction at 2, Otunba Elegushi 2nd Avenue (Formerly Club) Road, iKoyi, Lagos;
2) AM Plaza, 11 Story Office Space, Situate on 1E, Otunba Adedoyin Crescent, Lekki Peninsula Scheme 1, Lagos;
3) Imore Industrial Park 1, Esa Street, Imoore Land purchased with (Deep Bive Industrial Town, Oriade LCDA, Amuwo Odofin LGA, Lagos;
4) Mitrewood and Tatler Warehouse (Furniture Plant at Bogije) near Elemoro Lagos, Owolomi Village, Ibeju-Lekki LGA, Lagos
5) 2 properties purchased from Chevron Nigeria, Closed PFA Fund, Block B.Lot.Twin Completed Property Lakes Estate. Lekki, Lagos.
6) One plot measuring 1,038.069 sqm, at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa, LGA;
7) Estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas, Owned by Lipam investment Services;
8] a Land at 1, Bunmi Owulude Street, (Maruwa), Lekki Phase 1, Lagos and a Property Situate on 8, Bayo Kuku Road, lkoyi Lagos.

The EFCC had sought an interim forfeiture of the monies and properties under Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, Section 44(2)(b) of the Constitution, and the court’s inherent jurisdiction.

Specifically, the anti-graft agency requested “an interim order forfeiting to the Federal Government of Nigeria the funds held in the accounts listed in Schedule ‘A,’ which are reasonably suspected to be proceeds of unlawful activities.”

So many idlers joining NLC to sing minimum wage song.

You barely see them advertising for recruitment. The corruption in this country is too much. They just fill the place with cronies or their children, especially the top spots.

emkz:
Across all sectors, the administration must carry out a personnel audit. Most times, the children of politicians are elevated with even some retiring staff of some lucrative agencies bringing their children.

If it is not true, when has CBN, FIRS and NSPMC done open recruitment?

From our findings, these children of politicians are not making meaningful contributions to the agencies.

Until the children of politicians are kicked out, it would be hard to believe that they are sincere.

The corruption is too much.

That parastatal is overstaffed by politicians' children. Only Emilokan Tinubu Jagaban is courageous enough to dip his fingers into the heart of political godfathers because he is the god of all godfathers

Smithkafors:


Why will they wail?. Your sisters or family or villagers affected than the people you are trolling.

Your guys problem is that you feel everything is about politics. You vote incompetent people every year and expect a change.

You can’t even mention one sector in Nigeria doing great since 8yrs ago till now.

Make una try dey reason abeg.

Who voted incompetent people? Your biological father too is a Nigerian, why didn't he come out to face the god of Politics and Economics Emilokan Asiwaju Tinubu Jagaban or is your father not competent?

DONFASZY:
Emefiele’s properties forfeited to the federal government include;
1) 94 Units of 11 Storey building under Construction at 2, Otunba Elegushi 2nd Avenue (Formerly Club) Road, iKoyi, Lagos;
2) AM Plaza, 11 Story Office Space, Situate on 1E, Otunba Adedoyin Crescent, Lekki Peninsula Scheme 1, Lagos;
3) Imore Industrial Park 1, Esa Street, Imoore Land purchased with (Deep Bive Industrial Town, Oriade LCDA, Amuwo Odofin LGA, Lagos;
4) Mitrewood and Tatler Warehouse (Furniture Plant at Bogije) near Elemoro Lagos, Owolomi Village, Ibeju-Lekki LGA, Lagos
5) 2 properties purchased from Chevron Nigeria, Closed PFA Fund, Block B.Lot.Twin Completed Property Lakes Estate. Lekki, Lagos.
6) One plot measuring 1,038.069 sqm, at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa, LGA;
7) Estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas, Owned by Lipam investment Services;
8] a Land at 1, Bunmi Owulude Street, (Maruwa), Lekki Phase 1, Lagos and a Property Situate on 8, Bayo Kuku Road, lkoyi Lagos.

The EFCC had sought an interim forfeiture of the monies and properties under Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, Section 44(2)(b) of the Constitution, and the court’s inherent jurisdiction.

Specifically, the anti-graft agency requested “an interim order forfeiting to the Federal Government of Nigeria the funds held in the accounts listed in Schedule ‘A,’ which are reasonably suspected to be proceeds of unlawful activities.”

Yet children of hate, anger, bitterness and frustration are in support of the useless vagabond, just because he changed currency during election period in order to hurt and damage the ambition of the god of Politics and Economics Emilokan Asiwaju Jagaban.

People who dropped out of Primary School in their villages, and jumped into Mallam Audu's trailer carrying Cows from Bornu through Igboland to Lagos to come and sell Gala and La Casera inside Lagos hold-ups and sleep under Lagos bridges

CBN employs 10,000 people...yet no annual performance

E go favour them and the useless old ostrich that has nothing to do than attack obi. Useless professor

Good.

Next sacking should come from NNPC

THOSE FOOLS IN THAT SECTOR ARE A WASTE TO THE PROGRESS AND DEVELOPMENT OF THIS COUNTRY.

Imagine them being on payroll for years and no liter of fuel have been refined for more than 15 YEARS!
No refinery is working.
If I were Tinubu, I will sack 99.9% of all of them.

cant this guy use make up, why him face come resemble ebora face.

They should sack all Aboki from CBN, welcome development.

Imagine losing your job in dis type of situation were in right now in Nigeria .... Toor na cbn... Most of dem no fit poor again

When 87% re ghost workers and children of politicians who do nothing but spend

Are they the reason why Nigeria economy is in a mess

All the Yahoo boys in Benin that you promised to transform to tech giant are still waiting on you..


Shameless people

Hmm...

I foresee this extending to all Federal MDAs... this is the test run.

Only to re-employ your own candidates

Tinubu and his cabinet are more confused than this dude

Lol wetin be dere job dey jus use man know man employ people no results....

Would that strengthen the naira? Sack those ministers and scrap their ministries newly created and shrink the existing ones. That would make sense instead of throwing more people out of jobs on which peanuts are being paid. Each of the ministers in the new ministries created will earn up to 10 times what those CBN staff sacked would earn, monthly.

How I fit apply for available post...oh ....I don forget say ,nah who knows person job....

Most people that got employed in such places are well connected Nigerians.
Let them join the already over saturated labour market.