Organised
Labour, today vowed to cripple operations in the banking sector over ongoing
mass retrenchment of workers, throwing its weight behind the threat by the
Federal Government through the Minister of Labour and Employment, Senator Chris
Ngige, to withdraw the licenses of banks that breached its directive to halt
further retrenchment.
They
have also issued a 21 day ultimatum to the affected banks to recall the sacked
workers or risked unprecedented industrial action.
At
a joint briefing in Geneva, leaders of Nigeria Labour Congress, NLC, and the
Trade Union Congress of Nigeria, TUC, insisted that they would picket banks
that indulge in further mass sack of their employees, saying that the Federal
Government was right to have threatened erring banks with withdrawal of their
licenses if they refused to halt the gale of mass retrenchment of workers.
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