About 200 staff of the Central Bank of Nigeria, CBN were on Friday relieved of their duties. The sack is in addition to the long list of ongoing disengagements in the apex bank. Between March 15 and April 11, 2024, 117 staff were sacked by the bank.
This time, the termination of appointments affects Directors, Deputy Directors, Assistant Directors, Principal Managers, Senior Managers and lower-ranking staff.
According to source from the Apex bank, those sacked are not less than 200 and part of the affected persons were older Directors who were not affected by the last round of retrenchment noting that additional dismissals are expected in the months ahead and will spread out across staggered phases.
In February, at least 1,500 members of staff of the Apex bank were redeployed from the headquarters in Abuja to the Lagos office.
At the time, the CBN said the action was necessitated by several factors, including the need to align the bank’s structure with its functions and objectives and redistribute skills to ensure a more even geographical spread of talent.
It added that it was also in compliance with building regulations, as indicated by repeated warnings from the facility manager, and the findings and recommendations of the Committee on Decongestion of the CBN Head Office.
Efforts to get reaction from the bank’s Director of Corporate Communication, Hakama Sidi Ali, have not been successful
