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Mass sack: NECA hails Senate’s intervention

9th Assembly: N4.68bn ‘Jumbo pay’ awaits Incoming Lawmakers

Ahead of a today’s meeting of stakeholders called by the Senate to address the looming labour unrest in the banking sector following recent mass sack of workers, Nigeria Employers’ Consultative Association, NECA, has commended the Senate for the intervention.

Specifically, NECA is applauding the senate for the intervention sequel to the threat by the Minister of Labour and Employment, Senator Chris Ngige that government may be forced to withdraw the licences of banks that failed to heed his directive to suspend redundancy exercise. Director General of NECA, Mr. Olusegun Oshinowo, in a statement lauded the Senate for what it called “a very mature, unbiased and inclusive disposition to conflict resolution”.

He assured  the Senate that NECA and its members would be in attendance at the interactive session called by the Senate today. According to NECA, “the meeting is timely, appropriate and will provide the platform to proffer a solution to the issue of management of redundancy with the interests of all – government, workers and employers alike, in mind.

Things would not have gone out of hands if the Ministry of labour and employment, who is supposed to be the custodian of tripartism and social dialogue, had acted the way the Senate has done without biases, prejudices and a dictatorial character.

Categories: BANKING
Haruna Magaji: Haruna Magaji is a journalist, foreign policy expert and closet musician. He is a graduate of ABU Zaria and a member of the Nigerian union of journalists. JSA, as he is fondly called, resides in Suleja, Abuja. email him at - harunamagaji@financialwatchngr.com
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