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Banks halt mass sack as Labour gives 21-day ultimatum By Emma Ujah, Abuja Bureau Chief & Victor AhiumaYoung
A
BUJA — BANK workers, who have been apprehensive of
retrenchment, can now heave a sigh of relief, as Deposit Money Banks, under the aegis of Bankers Committee, have agreed to halt further mass sack in the industry. The decision was
announced at the end of the 327th Bankers Committee meeting in Abuja, yesterday.
This is coming on the heels of threats by Organized Labour to cripple operations in the
banking sector over ongoing mass retrenchment of workers. The union has
UBA: NPLs no threat to us
...towards a better life for the people
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VOL. 25: NO. 63047
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thus thrown its weight behind the threat by the Federal Government, through the Minister of Labour and Employment, Senator Chris Ngige, to withdraw the Continues on page 21
ONLINE | www.vanguardngr.com
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FRIDAY, JUNE 10, 2016
Look beyond APC for solutions to economy •Senate tells Buhari
By Henry Umoru & Joseph Erunke
A
BUJA—THE Senate, yesterday, vowed to hold accountable, every appointee chosen by President Muhammadu Buhari to help him address the nation’s myriad of economic problems. President of the Senate, Bukola Saraki, who made the declaration at the Continues on Page 5
•Worries over worsening economy, unemployment, militancy, others •Tasks FG on fight against mass poverty •PDP would've taken over Senate leadership, but... —Akpabio •Detractors should leave us alone —Ekweremadu
Keshi: Westerhof lights 4 candles in Holland —See back page
Lagos govt dissolves caretaker c'ttees of 57 councils •P.10
Mr & Mrs
LAUNCHING:
From left, Governor Abiola Ajimobi of Oyo State; Governor Nasir El-Rufai of Kaduna State; Acting President Yemi Osinbajo; Governor Rauf Aregbesola of Osun State, and Governor Kashim Shettima of Borno State during the launch of National Home Grown School Feeding Programme Strategy, at the Presidential Villa, Abuja, yesterday. Photo: Abayomi Adeshida.
Militants blow up another pipeline in Delta >>7 COLUMNISTS: Globe Motors rolls out vehicles from PROTEST: Day Foreign $150m assembly that minors This day, the medicals sacked Ibadan plant next month World Champion controversy See inside
goes home •P.19
•P.17
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