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Sacked CBN Workers Demand Reinstatement, Faulting Dismissal as Unjust And Maltreatment



– Sacked CBN workers accuse management of maltreatment and injustice
– Workers claim they were not paid entitlements before dismissal
– Labour group demands reinstatement of sacked workers

CBN Workers Cry Over Sudden Dismissal. Former employees of the Central Bank of Nigeria are protesting their sudden dismissal, alleging maltreatment and injustice by the management.

The workers claimed they were not paid their entitlements before their sacking, violating the bank’s human resource rules and policy.

The mass sack affected high-level executives, including Deputy Directors and Assistant Directors, who were seasoned professionals with deep institutional knowledge.

The Director of Information Technology was overseeing crucial projects on the day of termination, including efforts to secure international information security certifications for the bank.

The statement by Paul Dekete, North Central Coordinator of the Conference of Autochthonous Ethnic Communities Development Association Youth Wing, condemned the sack, stating that it lacked transparency and a solid legal foundation.

Dekete argued that the dismissal exercise was carried out without board approval, raising serious questions about the planning and rationale behind the mass layoffs.

The workers’ union also claimed that the sack was ethnically biased, disproportionately affecting the North Central and South Eastern regions.

Reports indicate that some states saw over 80% of their executive staff removed, raising troubling questions about the bank’s commitment to national unity.

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Nnamdi Kanu seeks negotiation with FG over trial



Nnamdi Kalu
– Nnamdi Kanu seeks negotiation with FG over ongoing trial
– Kanu’s lawyer moves two applications before the Federal High Court
– FG’s counsel says defendant should approach Attorney General for negotiation

Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has expressed willingness to negotiate with the Federal Government over his ongoing trial.

Through his counsel, Alloy Ejimakor, Kanu informed the Federal High Court in Abuja of his intention to seek negotiation under Section 17 of the Federal High Court Act.

Ejimakor had earlier moved two applications before the court, including one objecting to the jurisdiction of the court. If the applications are denied, Kanu’s lawyer plans to invoke Section 17, which promotes reconciliation and amicable settlement among parties.

Meanwhile, the Federal Government’s counsel, Adegboyega Awomolo, stated that the defendant should approach the Attorney General of the Federation for negotiation.

Justice Binta Nyako, the presiding judge, clarified that the court’s role is to hear cases, not to solicit negotiations. Kanu has been in DSS custody since June 2021, facing terrorism-related charges levelled against him by the government.

His lawyer’s latest move may signal a potential shift in the case’s trajectory.

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30,000 Students to Benefit from FG’s Interest-Free Loan Scheme



– Over 30,000 students selected for federal government’s student loan scheme
– Scheme aims to support underprivileged students in pursuing higher education
– Loan is interest-free and does not require a “godfather”

The federal government’s student loan scheme has selected over 30,000 students to benefit from the initiative.

This was announced by Senate President Godswill Akpabio during a visit to the Nigeria Institute of Legislative and Democratic Studies in Abuja.

Akpabio praised the student loan bill, signed into law by President Bola Tinubu, for enabling vulnerable Nigerian students to access higher education without financial burdens.

He expressed his personal admiration for the bill, stating it is one of the most important bills passed by the 10th National Assembly.

The Nigerian Education Loan Fund (NELFUND) has assured the public that every eligible Nigerian student will benefit from the interest-free loan program.

Thee application process will be open, fair, and transparent, without requiring a “godfather,” according to Dr. Fred Femi Akinfala, NELFUND’s Executive Director of Finance and Administration.

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