Central Bank of Nigeria, CBN, governor, Olayemi Cardoso, says the 1,000 staff who left the bank were not forced to leave.
Cardoso stated this on Friday at the resumed House of Representatives investigative hearing on the disengagement of the 1,000 workers by the CBN.
The apex bank, on December 4, 2024, said its Early Exit Package, EEP, was entirely voluntary and without any negative consequence for eligible staff.
This comes amid reports that 1,000 staff were sacked from the apex bank.
Reacting to the development, however, the House of Representatives ordered the CBN to suspend the planned retirement of 1,000 staff.
The green chamber had also established an ad hoc committee to probe the process and legality of the exercise.
At the resumption of the investigative hearing on Friday, the CBN governor, however, said the 1,000 members of staff were not forced to quit.
Represented by CBN’s deputy director of corporate service, Bala Bello, the apex bank boss also said the early exit programme, the restructuring and reorganisation was to optimise the bank for enhanced efficiency.
“They are basically ways and means through which the performance of an organisation is optimised by putting, ensuring that round pegs are put in right holes.
Peoplesmind
