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Mainstreet Bank Sacks 800 Workers

Posted on Wed 27th Jun, 2012 - hotnigerianjobs.com --- (11 comments)


The management of Mainstreet Bank Plc, formerly Afribank Plc, Friday, sacked no fewer than 800 workers despite the Federal Government’s directive to the management of the bank and organised labour to maintain status quo pending resolution of labour issues between the management and labour.

It was gathered that the sack came few days after the Federal Government through the Ministry of Labour and Productivity at a meeting in Abuja with the organised labour and management of the bank on the outstanding gratuity of staff of the defunct Afribank Nigeria Plc.

Meanwhile, organised labour, yesterday, asked the management of the bank to immediately reverse the termination or labour and its allies would shut down its operations nationwide, describing the management’s action as illegal and unprocedural.

Vanguard gathered that of the 800 affected staff, over 650 were members of the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, affiliated to the Trade Union Congress of Nigeria, TUC, while the rest were members of the National Union of Banks, Insurance and Financial Employees, NUBIFIE, affiliated to Nigeria Labour Congress, NLC.

Vanguard gathered that the management just locked the affected workers out of the bank’s network, denied them access to their offices and asked them to wait for their termination letters through their email boxes.
 
Labour demands immediate reversal

Organised labour described the management’s action as unprocedural, illegal, and anti-labour, demanding immediate reversal or all the bank’s operations nationwide would be shut by labour and its allies.

At a briefing, yesterday, Secretary-General of TUC, Chief John Kolawole, said: "The Trade Union Congress of Nigeria (TUC) views this act of Management of Mainstreet Bank Ltd as the height of provocation and lawlessness which is condemnable. Consequently, TUC unequivocally states and demands the reversal of these terminations and other anti-labour acts immediately, failing which TUC will mobilise all its affiliates, allies and resources to shut down completely the operations of the bank nationwide."

He added "We are therefore appealing to all well-meaning Nigerians, Hon. Minister of Labour and Productivity, Governor of Central Bank of Nigeria, Director-General, Nigeria Deposit Insurance Cooperation (NDIC), The Managing Director, Asset Management Company of Nigeria(AMCON), Acting Inspector General of Police to prevail on the Management of the Bank before the bubble bursts."

Source: Vanguard

  

Comments (11)

No. 1
Posted on Wed 27th Jun, 2012 10:38:08 GMT by Tijani Yunusa

God should torch hearth of the management of Mainstreet bank to reverse their decision by re state the sacked staff not to add more hardship to what we have on ground already.Because the negative effect is not going to be good. please ooooooooooooo
No. 2
Posted on Wed 27th Jun, 2012 20:00:57 GMT by Nnaben

With the unemployment situation in nigeria, sacking 800 workers is very disastrous.they shoul have a rethink.
No. 3
Posted on Thu 28th Jun, 2012 07:37:21 GMT by nwabuokei uzor

It is not acceptable(sacked workers)with hardship people are facin day by day.I suggest tthat the management fashion out the problem they are facin and bring back those workers.
No. 4
Posted on Thu 28th Jun, 2012 16:11:27 GMT by Chy

Is not fair,ds s happenin almost in all d bank,thy shuld tink of does benefitin frm ds 800 pple sackd,ds nt fair ,d shuld ve a retink
No. 5
Posted on Thu 28th Jun, 2012 16:12:11 GMT by Chy

Is not fair,ds s happenin almost in all d bank,thy shuld tink of does benefitin frm ds 800 pple sackd,ds nt fair ,d shuld ve a retink
No. 6
Posted on Thu 28th Jun, 2012 18:03:12 GMT by richard aaron philip

kindly,employ me in your company as one of your worker.i am a graduate of college of education.07065582277.thanks
No. 7
Posted on Thu 28th Jun, 2012 18:25:45 GMT by Bola

Shay some people were rejoicing when Lamido Sanusi was turning Nigerian top banks upside down in 2009 but now we can all see the repercussions both social and economical.
No. 8
Posted on Thu 28th Jun, 2012 18:33:36 GMT by Bola

So far I have not seen any achievement by this Sanusi Lamido's administration except trying to force Islamic Bank on all Nigerians.
No. 9
Posted on Mon 02nd Jul, 2012 21:17:17 GMT by me

Its well
No. 10
Posted on Mon 02nd Jul, 2012 23:49:23 GMT by Steve

Sacking 800 workers will bring about multiplier effect on the families of sacked workers.this will not go well in nig economy.sanusi must be sacked.he has indirecly killed many souls and rendered many pple into abject poverty.
No. 11
Posted on Tue 10th Jul, 2012 13:28:57 GMT by Justina

Hw cn u sack 800 pple without considering der contributions so far. its unfair, pls dn't gv birth 2 more hardship in our country


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