Activities at Oceanic Bank Headquarters and all its branches in Lagos State, Southwest Nigeria were paralysed on Friday, the 17th of February 2012, following the decision of the new owner of the bank, Ecobank to pay the disengaged staff paltry sum of money as severance package.
The headquarters of Oceanic Bank on Ozumba Mbadiwe Street, Victoria Island, was shut following protest by disengaged staff rejecting the severance money offered them by the bank.
We gathered from a relaible source that hundreds of staff of the former Oceanic Bank, which were recruited by Oceanic Security have been laid off.
Policemen took over the gate of the Oceanic Bank Headquarters as staff protested the proposed poor severance package Ecobank intends to pay them.
It was gathered that the bank wanted to pay the disengaged staff N40, 000 per annum across board to disengaged staff recruited by Oceanic Security, a subsidiary of Oceanic Bank.
What this means is that workers who have spent eight years working for the former Oceanic Bank will take home a paltry N320, 000 for all the years spent working for the bank.
The workers said they would only agree to be disengaged if adequate package was paid them, while rejecting what they called peanut offered by the bank to them.
Also, as at this morning, almost all Oceanic Bank branches were shut to workers and customers as customers could not withdraw or deposit any money as a result of the crisis rocking the bank.
The Oceanic Bank branches at Secretariat, Alausa; Amuwo-Odofin and others were shut, while security officers turned customers back.
A staff of the bank, who craved anonymity, said activities had been completely paralysed in all branches of the bank, including the headquarters taken over by policemen.
He said the management of the new bank offered to pay the workers a paltry amount of money as severance allowance, saying that it was completely unacceptable.
According to him, Oceanic Bank had about 300 branches and that staff recruited by Oceanic Security in most of the branches had been laid off, while the new owner had brought in its own staff to occupy the positions of the disengaged workers.
“Right now, in all the branches, things have collapsed. There is no network in all the branches right now and work is not going on,” he said.
Another staff of the bank, who also craved anonymity said that the severance package proposed by the new owner of the bank was too small, saying that those laid off could be in thousands.
When contacted, the Corporate Affairs Manager of Ecobank, Michael Joseph said he could not speak for the Managing Director, saying that the bank would soon issue a press statement on the matter.
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Na wa o, if we are crying for creation of more jobs and some people are still being disengaged from service at youthful age, are we not compounding the problem? God please help us!
ReplyDeleteMore workers loosing their jobs in the wake of banking reform is not a good omen at all.
ReplyDeleteI guess this makes Sanusi very happy and glad, at least he can bring in his nomadic tribesmen to come and occupy their positions.
ReplyDeleteinstead to make provisions for more jobs some people that felt they have made it are just busy making plans to disengage young youth that are just tring to earn aliving by working there ass off for some years,mr president you better look into this sack matter or you will end up producing more members of boko haram and they will end up hunting you and your collegues
ReplyDeleteCBN and so called Government policies on Reforms has failed in all area, imagine Millions of Naira has been donated to Kano bombing by CBN, while Thousand of Workers who has been laid off will turned again to terrorist,Cant CBN used the money to paid the debt of those Bank and save Nigerian from this mess. Truly this is "A NIGERIA OF OUR DREAM"
ReplyDeleteMay God help us in dis country Naija
ReplyDeleteSanusi will not rest until he makes sure his nomadic tribesmen have taken over the banking industry. One thing Nigerians should bear in mind is that he's a FUNDAMENTALIST.
ReplyDelete