Sacking Spree Continues At CBN, At Least 200 Staff Members Axed -Weeks After Sack Of Over 100

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

At least 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.They revealed that affected persons include older directors who were not affected by the last round of retrenchment. The development is said to be causing apprehension among staff of every cadre as the management has not specified any criteria for the decisions.

The sack letter 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”

Three months ago, 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.

-via Punch.

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