In a significant development amid ongoing economic difficulties, the Central Bank of Nigeria (CBN) has reportedly terminated the employment of over 200 staff members. This information was confirmed by a senior staff member of the apex bank, who requested anonymity, to DAILY POST on Friday night.
“Over 200 staff members were issued sack letters from the Central Bank of Nigeria on Friday. However, the number of sacked employees is unconfirmed,” the source disclosed.
As of Saturday morning, Hakama Sidi Ali, the Director of Corporate Communication, had not commented on the fresh wave of dismissals.
This recent action adds to a series of terminations earlier this year. Between March 15 and April 11, 2024, the CBN dismissed 117 staff members, including directors, deputy directors, assistant directors, principal managers, senior managers, and lower-ranking staff.
In February, the CBN redeployed approximately 1,500 staff members from its headquarters in the Central Area to its Lagos office. Despite the controversy, the bank defended the move as necessary for aligning its structure with its functions and objectives and redistributing skills to ensure a more balanced geographical spread of talent. The CBN also cited compliance with building regulations and recommendations from the Committee on Decongestion of the CBN head office as reasons for the redeployment.
