Breaking News

Enterprise Bank gets ultimatum over sack


NATIONAL Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, has issued a seven-day ultimatum to Enterprise Bank Plc to implement an agreement reached with organised labour under the auspices of the Ministry of Labour and Productivity, on March 22, in Abuja, or face the wrath of labour.

The union is demanding a reversal of the termination of 18 of members (sales associate) and upholding the agreement signed in Abuja, as it affects the 60 dispatch riders, the exited and existing workers of FSFS.

The three nationalised banks, Mainstreet (Afribank), Enterprise (Spring Bank) and Keystone (BankPHB) signed the agreement and were given one month to implement.

While Mainstreet Bank and Keystone Bank were said to have implemented the agreement, Enterprise Bank was said to have not.

A letter to the Managing Director of Enterprise Bank Plc, dated May 2, by Philip Aboderin, Senior Assistant General Secretary, NUBIFIE, said: “In furtherance to the agreement signed in Abuja, which affected the three nationalised banks, we regret to inform you that if your management fail to address the issues with the in-house union within seven days of this letter, the union should not be held responsible for any industrial action against your organisation.”


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.