Lagos — Banks and other financial institutions in the country that refuse to allow their employees to unionize in the next one month would be visited with mass action, the Association of Senior Staff of Bankers, Insurance and Financial Institutions (ASSBIFI),has said.
President of ASSBIFI, Comrade Sunday Salako,who disclosed this to newsmen in Lagos at the weekend, said the development is part of the union's moves to ensure that the rights and welfare of his members are protected in the country.
He decried a situation where his members were relieved of their jobs or denied requisite welfare package by their employers, adding that ASSIBIFI would no longer watch the development helplessly.
He said his union gave the financial institutions the one-month ultimatum having painstakingly extended them much time to get their workers unionized but which fell on deaf ears.
Expressing worry over the spate of job losses in the banking sector in recent times, Salako implored the Central Bank of Nigeria (CBN) to regulate employers in the banking sector in order to remedy the situation.
He said that thousands of workers in the banking sector have lost their jobs this year which has been a major concern to the financial industry.
According to him, in recent times, job losses in the banking sector was rampant and thousands of ASSBIFI staff were affected, "but I think both the employers and CBN can manage the issue as a means to reduce it."
Salako maintained that the innovation of technology has taken the place of human resource, saying employers should know how to balance the two without any effect.
He also said: "Whatever reform in the banking sector should be the one that would generate jobs for the people not the ones that would bring setback".