Sacked CBN employees seek reinstatement

Former employees of the Central Bank of Nigeria (CBN) are grappling with the shock of their sudden dismissal, accusing the management of maltreatment and injustice.

They claimed that many were not paid their entitlements before their sack, a move they argued violates the bank’s human resource rules and policy.

The North Central Coordinator of the Conference of Autochthonous Ethnic Communities Development Association Youth Wing, Paul Dekete, called for the immediate reinstatement of the sacked workers.

Dekete said: “The purge wasn’t limited to high-level executives. It extended far beyond directors, impacting Deputy Directors and Assistant Directors, who formed the backbone of departmental operations. These were not junior staff; they were seasoned professionals with deep institutional knowledge.

“For example, the Director of Information Technology was overseeing crucial projects on the very day they were terminated, including efforts to secure international information security certifications for the bank.

“In a particularly egregious case, a director on special assignment, tasked with leading the bank’s efforts to secure an ISO certification for information security, was sacked on the very day the bank successfully achieved this crucial milestone.

“Central banking relies heavily on robust cybersecurity measures, and this certification is a testament to the director’s competence and the bank’s commitment to financial security. This abrupt dismissal, on the day of a major accomplishment, raises serious questions about the planning and rationale behind the mass layoffs,” he added.

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