Former Central Bank of Nigeria (CBN) employees are reeling from their sudden dismissal, alleging maltreatment and injustice by the management.
Many claim they were not paid their entitlements before being sacked, violating the bank’s human resource rules and policy.
The North Central Coordinator of the Conference of Autochthonous Ethnic Communities Development Association Youth Wing, Paul Dekete, has called for the immediate reinstatement of the affected workers.
Dekete argued that the mass sack violated the bank’s HR policy, which requires board approval for executive terminations, and lacked a solid legal foundation.
The dismissed employees, including directors and deputy directors, were not given clear criteria for their termination, and some were sacked on the day they achieved significant milestones, such as securing international certifications for the bank.
The move has raised concerns about ethnic bias, with some states and regions disproportionately affected.
The sack has also led to a significant blow to the bank’s institutional knowledge and capacity to combat money laundering and other illicit financial activities, with the entire Economic Intelligence Unit (EIU) being dismissed.
The affected employees are calling for a review of the termination decisions to ensure compliance with CBN HR policy and public service rules, and for the reinstatement of some employees who were dismissed without proper justification.