Nigeria: Why It's Difficult to Stop Mass Sack in the Banks - Assibifi

Lagos — In this interview, the president of Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), Mr Olusoji Salako speaks on varying issues in the nation's banking sector, including mass sack in banks. He said the introduction of AMCON to manage assets of unhealthy banks has rather compounded the woes of these financial institutions.

Recently, massive job losses were reported in the banking sector. Could you tell us the number of workers affected by this rationalization exercise?

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