Nigeria: Financial Meltdown - Bank Employees Face Tough Times

15 March 2009

Titilope Ogundiya was just 39 years old when she was retired from the services of Union Bank Plc in October last year during the general retrenchment exercise conducted by the bank.

Though Ogundiya had put in only 15 years in the service of the bank, she was considered old enough to retire. She was on grade level three. Before her compulsory retirement, her promotion, which her boss at Sango branch of the bank had recommended since 2004, came barely a month but her boss had refused to release it to her.

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