Senate Summons Ngige Over Threat To Banks.. - Politics

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Senate Summons Ngige Over Threat To Banks.. - Politics - Nairaland

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Senate Summons Ngige Over Threat To Banks.. by BeeBeeOoh(m): 1:08pm On Jun 08, 2016

The senate has summoned Chris Ngige, minister of labour and employment, over his threat to withdraw the license of any bank that retrenches its staff.

Rafiu Ibrahim, chairman senate committee on banking, insurance and other financial institutions,‎ hinted the decision of the senate in a point of order he raised on the matter on the floor of the senate on Wednesday.

“The minister of labour made a statement threatening banks to stop retrenchment of staff. Banking being a very sensitive industry, any misguided statement can have a throwback on the industry‎; it can create a run on the banks,” he said.

“As the chairman of the senate committee on banking and finance, we want to invite the minister, the central bank and the banks to know if they are talking about r‎etrenchment and what will happen.

“‎We want to know the basis of the directive and the basis of the threat.”

Senate President Bukola Saraki only reacted cursorily to Ibrahim’s statement since he came under 43- which has to do with personal explanation.

“They will come and meet before your committee isn’t it? So, it is just for our information,” he said.

http://www.thecable.ng/senate-summons-ngige-threat-banks

1 Like

Re: Senate Summons Ngige Over Threat To Banks.. by mazimee(m): 1:15pm On Jun 08, 2016

I never in my entire life thought that Ngige will turn out this low . Ngige was once loved and celebrated in Anambra State. Now, he is not only irrelevant in his home state, he now has stench of cluelessness all over him.

115 Likes 10 Shares

Re: Senate Summons Ngige Over Threat To Banks.. by NwaNimo1(m): 1:17pm On Jun 08, 2016

Are the banks Govt owned?

They're reacting to the negative policies set by this Govt as every business has to.....

If the banks don't adjust to these Govt policies, will the FG bail them out when they start accumulating heavy losses and debts?

Its not the banks sacking people - its indirectly the govt and they must learn to take responsibility for their actions!

91 Likes 3 Shares

Re: Senate Summons Ngige Over Threat To Banks.. by Pheals(f): 1:22pm On Jun 08, 2016

See teeth

If u collect there license how many workers will be jobless? The economic is bad no solutions ! Will the workers works without payment

26 Likes

Re: Senate Summons Ngige Over Threat To Banks.. by dikeigbo2(m): 1:22pm On Jun 08, 2016

Confusions everywhere, how did we get into this in the first place?

35 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by SosaHD(m): 1:28pm On Jun 08, 2016

1 Like

Re: Senate Summons Ngige Over Threat To Banks.. by Montaque(m): 1:29pm On Jun 08, 2016

Was ngige ever a labour leader, industrialist or businessman? Everyday u see round pegs in square holes, what is a medical doctor doing as min of labiur n productivity?

74 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by IVORY2009(m): 1:32pm On Jun 08, 2016

Ngige does not know wat he is doing, his party the APC caused the issue on ground, so why would he want to punish the banks for sacking workers, wen the economy is heading for recession, a deep recession!

36 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by fctguy: 1:39pm On Jun 08, 2016

If you don't know where you are going, any road will take you there
Ngige is talking trash because he's lost angry

40 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by VampireeM(f): 1:54pm On Jun 08, 2016

APC ledd Govt made up of confusionists#incompetent ....

22 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by Splinz(m): 2:09pm On Jun 08, 2016

mazimee:
I never in my entire life thought that Ngige will turn out this low . Ngige was once loved and celebrated in Anambra State. Now, he is not only irrelevant in his home state, he now has stench of cluelessness all over him.

Do not marvel at Ngige's uncommon uselessness. Apparently, it is a trademark of his party. Poor Ngige...... SMH

45 Likes 3 Shares

Re: Senate Summons Ngige Over Threat To Banks.. by onosprince(m): 3:17pm On Jun 08, 2016

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Re: Senate Summons Ngige Over Threat To Banks.. by Tallesty1(m): 3:18pm On Jun 08, 2016

This shows the cluelessness of this administration.

20 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by knightsTempler: 3:18pm On Jun 08, 2016

This administration must lose its military mentality. How can you be ordering private business not to sack and threatening to withdraw licenses? How? If the Federal Government orders bank not to sack their staff will the FG also order the ministry of finance to pay the staff salaries banks can no longer pay because of the hasty implementation of the TSA? If they withdraw the bank's license wouldn't the bank be forced to sack even more people? Let us use our brains to fix this economy rather than our mouths!

-BMB

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Re: Senate Summons Ngige Over Threat To Banks.. by Balkan(m): 3:20pm On Jun 08, 2016

APC party of illiterates. This show that bubu might be more intelligent than Ngige

22 Likes 3 Shares

Re: Senate Summons Ngige Over Threat To Banks.. by maximunimpact(m): 3:20pm On Jun 08, 2016

Good move

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Re: Senate Summons Ngige Over Threat To Banks.. by philfrey08: 3:20pm On Jun 08, 2016

NwaNimo1:
Are the banks Govt owned?

They're reacting to the negative policies set by this Govt.....

I tire o...

Let them focus on the Kano killing....its priority o

7 Likes

Re: Senate Summons Ngige Over Threat To Banks.. by NairaP(m): 3:20pm On Jun 08, 2016

Lol, Sack or no Sack, we are still making money. F*ck the government and the retrenching banks!

See my signature and invest! Money making is real in Nigeria!

1 Like

Re: Senate Summons Ngige Over Threat To Banks.. by sayyid(m): 3:21pm On Jun 08, 2016

What should have been the priorities of this government is how to wake back this our declining economy. if the economy is on an ascending state no bank will sack workers but rather employ more as well as other organizations.

8 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by JuanJO(m): 3:21pm On Jun 08, 2016

oooo

1 Like 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by philfrey08: 3:22pm On Jun 08, 2016

maximunimpact:
Good move

Move to where...
Did they do anything when banks started charging unneccesary rubbish?

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Re: Senate Summons Ngige Over Threat To Banks.. by MrCow(m): 3:22pm On Jun 08, 2016

kk. maybe he is also sick

2 Likes

Re: Senate Summons Ngige Over Threat To Banks.. by Spanner4(m): 3:22pm On Jun 08, 2016

Ngige the doctor handling ministry of labour, okk issorite

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Re: Senate Summons Ngige Over Threat To Banks.. by Onyenna(m): 3:22pm On Jun 08, 2016

....confusion everywhere..... time to fly away!

5 Likes

Re: Senate Summons Ngige Over Threat To Banks.. by dadebayo1(m): 3:22pm On Jun 08, 2016

Thank GOD some Members in the Senate still have common sense... Ngige totally got it all wrong....

1 Like

Re: Senate Summons Ngige Over Threat To Banks.. by Cherishing(f): 3:23pm On Jun 08, 2016

Ok I haf hear

but you haf to hear me ladies

After looking your best for bae...make up,manicure &pedicure, hair , dress on fleek,You get to his place and he swiftly gets you out of your dress,shoes et al .without complimenting any of the effects that took you hours to put together.

My dear sister you do not have a
boyfriend. ..what you have is a ghost
rider.

3 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by Nobody: 3:23pm On Jun 08, 2016

mazimee:
I never in my entire life thought that Ngige will turn out this low . Ngige was once loved and celebrated in Anambra State. Now, he is not only irrelevant in his home state, he now has stench of cluelessness all over him.

Splinz:

Do not marvel at Ngige's uncommon uselessness. Apparently, it is a trademark of his party. Poor Ngige...... SMH

the saying in Igbo that when one finger touches oil it spreads to the rest of the fingers.

8 Likes 1 Share

Re: Senate Summons Ngige Over Threat To Banks.. by damton(m): 3:24pm On Jun 08, 2016

Onyenna:
....confusion everywhere..... time to fly away!

To Mogadishu

Re: Senate Summons Ngige Over Threat To Banks.. by Oyimeoyimemua(f): 3:24pm On Jun 08, 2016

dikeigbo2:
Confusions everywhere, how did we get into this in the first place?

through the train of change and change is a gradual process which look funny at d beginning but has a destination lolzzz

1 Like

Re: Senate Summons Ngige Over Threat To Banks.. by steppin: 3:24pm On Jun 08, 2016

Hmm

Re: Senate Summons Ngige Over Threat To Banks.. by passionate88: 3:24pm On Jun 08, 2016

Ngige na MUMU na

Re: Senate Summons Ngige Over Threat To Banks.. by Ezedon(m): 3:25pm On Jun 08, 2016

I dont think that all these our so called Ministers know their specific duties

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