oluwato69sin:
. He said until the submit for employees and employers when they'll straighten things out

MaziOmenuko:


That's the job of the courts, not his job.

oluwato69sin:
Some people will still come to this thread and spit hateful rubbish ...when the thread that workers were sacked, same idiots government should do something, now you're shouting this is not military rule, even if they transfer all Nigerians to the u.s and transfer Americans here, we can never be satisfied

Mrjo:
Bros ar u ok?

HungerBAD:
I don't know how true this news is.

But in a democratic setting,the Federal Government cannot interfare in the free market.

The Banks are not owned by the Government,and as it is obtainable all over the world,the Government plays a regulatory role and nothing else.

The Government cannot dictate to banks on who to sack or not.

noblegrex:
so,they should allow them to be sacked and go hungry,and of course you know say HUNGERBAD abi. Eran

noblegrex:
so,they should allow them to be sacked and go hungry,and of course you know say HUNGERBAD abi. Eran

fkj950ax:


Yes. They should not interfere in the banks hire and fire.

Going hungry can be prevented when the government helps restart economic activities to greater level. It's not private companies business to stop Nigerians from going hungry.

BOLAUWA:
For those who think the govt has no right to tell the banks to keep the workers, ur wrong. We have been put into so much suffering in this country that we no longer know the right thing. Every country has what is called the LABOUR LAWS, which deals with the rights and relationship of the employee and the employer. Ideally, it is wrong to just layoff a staff without informing the staff and preparing a severance package. If the staffs protest to the govt, as they have done, the govt has a right to intervene, and in this case,d govt is waitin for the outcome of a meeting.

Pavore9:
Will the FG help the banks pay the workers' salaries?

noblegrex:
and you think unemployment is not part of BAD Economy. This is not a private institution that government can't interfer.

TGM2015:

May you be bless. The long rule of military and 16 years of misrule of PDP coupled with a self centered Labour Union leaders had made many gullible Nigeria believe that FG and Labour Union can not stop a retrenchment, most especially those that do not follow the guidelines prescribed by the labor law and the constitution.

Please Ngige should also look into recruitment process and compensation. We still have business paying their workers less than minimum N18k wages. Most of schools and SMEs even some bank outsourced staff fall into these categories.

Quakertellicus1:


You are right...I suppose. (and I gave you a like by the way).

But...most banks right now are declaring losses. And if they do not start sacking staff right now (to keep the profits up)....it could make them look less profitable...even start declaring losses....which could lead to people taking their money out of said banks...which could lead to them collapsing...which could lead to much bigger job losses.