Central Bank of Nigeria sacks 200 staff members

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At least 200 senior and junior officials of the Central Bank of Nigeria (CBN) were on Friday relieved of their duties.

This will be adding to the list of about 117 staff members sacked by the bank between March 15 and April 11, 2024.

The latest CBN termination of appointments affects directors, deputy directors, assistant directors, principal managers, senior managers and lower-ranking staff members, according to Punch.

Punch reports that impeccable sources who are staff of the bank confirmed the sack on Friday, saying that those sacked are not less than 200.

The sources said: “It is real and is even more than 200 officials but the actual number is unconfirmed yet. The sack is coming in staggered phases and that is why we can’t confirm the number yet. But it is not less than 200.

“The sacked persons include directors, and other cadres but the ones that are easily known are the directors. Some of the batch of old directors that were not affected during the last round of sacks are now affected.”

The sack letter obtained by our correspondent and issued by the Human Resources Department on May 24, 2024, said the policy was to reorganise the organisation for effective operations.

The letter, lacking a signature read, “The new strategic direction of the bank has been widely publicised. In line with our new mission and vision, the bank is currently undergoing a significant organisational and human capital restructuring process.

“As a result of this review, I have been directed to notify you that your services will not be required with effect from Friday, 24th May 2024.

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