The Central Bank of Nigeria (CBN) says none of its staff has been forced to quit the Bank, but voluntary disengagement with payment of full benefits.
The Governor of CBN, Mr. Olayemi Cardoso, disclosed this during the resumed investigative hearing to probe the disengagement of the 1000 workers and how the N50 billion terminal benefits were arrived at for the disengaged.
Mr. Cardoso said the apex bank’s staff who left in December initiated their voluntary disengagement with payment of full benefits.
The CBN Governor, who was represented by the Deputy Director Corporate Service, Mr. Bala Bello, explained that the issue of the Early Exit Program and the Restructuring as well as Reorganization was to optimise the Bank for enhanced efficiency.
He reiterated that the 1,000 members of staff who were disengaged were not forced to quit.
Speaking earlier, Chairman of the Ad-hoc Committee, Mr. Usman Kumo, who assured that the Ad-hoc Committee will be fair to all the parties involved in the investigation, noted that the Committee’s responsibility is to submit the report to the House.
Mr. Kumo, who demanded from the CBN to brief the committee on the objectives of the Restructuring, Reorganizing and the Early Exit Program, explained that the 10th National Assembly understood that the CBN was implementing the Restructuring, Reorganizing and the Early Exit Program.
RN
