Conclusions at the meeting between the Nigeria Labour Congress (NLC) and Nigeria Employers Consultative Association (NECA)/ representatives of banks on the issues of retrenchment and non-unitisation in the banking industry held on Wednesday 29th June, 2016 at the NLC Secretariat Labour House, Abuja. The Nigeria Labour Congress says it has suspended it planned picketing of banks in the country following several decision reached between it and NECA.

The following issues were tabled for discussion including the NLC’s Ultimatum to selected Banks First Bank, Diamond Bank, Fidelity Bank, FCMB, Eco Bank, and Skye Bank and threat of Industrial Action on their proposed sacking of staff. The Congress also says it would suspend the picket action on account of the facts presented there will be an in-focus meeting between NLC/NECA and NUBIFIE with Diamond Bank to resolve the peculiarity of its own disengagement.

They also agreed that FCMB should meet with NUBIFIE to fulfill the legal requirement of discussion with the union on the retrenchment it carried out recently. The agreement also states that Companies where unions are collecting protection fees without having unions on ground should ensure that they set up their branches in the said banks within 30 days from the date of the meeting.

The NLC graciously heeded Employers’ appeal that the issue of banks without unions be discussed at a tripartite meeting involving the Ministry of Labour as soon as possible.


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