700 Mainstreet Bank Ex-Staff Storm Lagos NUJ, Protest Sack 4 years ago 9


NO fewer than 700 sacked workers of Mainstreet Bank, formerly Afribank Plc, besieged the Lagos council secretariat of the Nigeria Union of Journalists, NUJ, with placards to protest the termination of their appointments by management of the bank.

The ex-staffers  gave management of the bank seven-days to pay their redundancy benefit, while accusing the management of unfairness, injustice and disregard for the nation’s labour laws.

Addressing newsmen at the NUJ secretariat in Lagos, spokesperson of the sacked workers, Mr. Usenge Eyo, said, “sadly, we invested our resources, time and energy in Mainstreet Bank towards ensuring its success and stability only to be pushed out by the management of the bank in an uncanny, uncivilized and cruel manner.

“Our appointments were terminated giving no reason and no terminal benefits except the one month basic salary of less than N50,000, which was paid to each of us in lieu of notice after more than 25 years of serving the bank  and its predecessor and benefactor, Afribank Nigeria Plc.”

Displaying placards with the inscriptions like: “AMCON, why the choice of faith as GMD of Mainstreet Bank?: “Is Transformation Agenda meant to impoverish us?”, “Has Salako sold out?”, among others.

The workers said, “the management of Mainstreet Bank had callously used the word “termination on the letter of disengagement given to us with the belief that they could evade paying us the redundancy compensation stated in the collective agreement.” Home Page

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