Over 100 People Have Been Sacked in the Past 20 Days, We’re All Living in Fear — CBN Staff

Central Bank of Nigeria (CBN) staff members have expressed concerns about ongoing sack since the appointment of Dr. Olayemi Cardoso as Governor, revealing that they live in constant fear.

In conversations with Newsmen, CBN workers disclosed that no department seems immune to the ongoing wave of dismissals within the apex bank.

Reacting to the recent termination of another 50 colleagues on Monday, staff members of the country’s apex bank emphasized their apprehension.

Over the past 20 days, approximately 117 individuals across 29 departments have been affected by the downsizing.

The termination of appointments extends across various ranks, including directors, deputy directors, assistant directors, principal managers, senior managers, and lower-ranking staff.

Speaking about the disturbing development, one of the staff said, “We have seen indiscriminate sacking in procurement, development finance and the medical services department. What it means is that other departments will follow soon.

READ ALSO: Again, CBN Sacks 50 More Staff, Affected Members Frustrated

“I am worried that they will come for all those that worked closely with the sacked directors. The apprehension is not good for productivity and it is also bad for the system.

Another senior staff member said: “A lot of people who received their sack letter just kept quiet and left their various offices. They feel helpless by the way the system is structured.”

The CBN under Cardoso has witnessed many changes but in policies and personnel directly away from what his embattled predecessor, Godwin Emefiele, had.

Even the vendors have been grumbling as some who completed their contract to the CBN since last June have their payment kept perpetually in view by the new management.

This has persisted over suspicion that they might have benefitted from the management of Emefiele.