(2010), "Bank Nationalization", Punch Newspaper, November 29, Lagos, Nigeria.
The president of ASSBIFI
, Sunday Salako, said retrenching workers would worsen Nigeria's economy.
Speaking to journalists in Lagos on Wednesday, the National President of ASSBIFI, Comrade OyinkanOlasanoye, stated that 'as at today, Polaris Bank has a clean balance sheet as it carries no toxic assets in its new balance sheet.
She assured that ASSBIFI will study the purchase and assumption agreement that established Polaris Bank and engage the management of the new bank in concrete discussions aimed at ensuring the realisation of its vision, goals and objectives.
said that it would use all measures to stop operations in these banks.
Mrs Oyinkan Olasanoye, ASSBIFI President, told journalists at a news conference in Lagos on Wednesday that her union was comfortable with the state of the welfare of workers transferred from the defunct Skye Bank to Polaris Bank.
She said that ASSBIFI would engage the management of the new bank in discussions to enable it to realise its objectives while commending the CBN for its efforts in ensuring the soundness and efficiency of the banking system.
boss stressed that, there is nothing wrong in outsourcing staff but they must be treated like human beings and not animals.
Workers in the finance sector, under the auspices of Association of Senior Staff of Banks Insurance and Financial Institutions (ASSBIFI), have faulted the claims by the Federal Government of serious improvement in the sector; saying that the claims are only theoretical.
The National President of ASSBIFI, Comrade Oyinkan Olasanoye, while speaking during a sensitisation walk organised as part of the 40th anniversary celebration of the Union in Lagos, stated that the event was specifically to draw the attention of the government, employers and other stakeholders to the plight of the workers in the sector and Nigeria at large.
According to the National President of the Association of Senior Staff of Banks, Insurance and other Financial Institutions (ASSBIFI
), Comrade Oyinkan Olasanoye, 'the difference between a casual staff and the full time staff with condition is that part of the conditions are salary, remuneration and safety at workplace.
The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI
) has called on the Minister of Labour and Employment, Dr Chris Ngige to urgently inaugurate the board of the NSITF, led by the former General Secretary of, Frank Kokori.