Reps want CBN to sanction banks casualizing staff

The House of Representatives has urged the Central Bank of Nigeria (CBN) to penalize commercial banks that fail to convert all casual workers to permanent staff without delay.

The Green Chamber urged all commercial banks to convert all casual workers to permanent staff.

The resolutions followed the consideration of motion moved by Amobi Akintola (APC, Osun) during Wednesday’s plenary.

According to Akintola, most of the banks are raking in billions as profit but equally continue to casualize workers.

Akintola explained that “prior to the emergence of new generation banks in Nigeria, staff of banks were usually full time workers and entitled to series of benefits from the banks they worked for, including promotions, health packages, productivity, life insurance policies, housing…

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