The Speaker of the House of Representatives, Tajudeen Abbas, has asked the Central Bank of Nigeria to provide clarification on the dismissal of about one thousand staff members and the subsequent payment of a fifty billion Naira compensation package to the disengaged persons.
Abbas made the demands while declaring open an investigative hearing of the Ad-hoc Committee of the House, investigating the CBN’s termination/dismissal of members of staff on Friday in Abuja.
The Speaker tasked the panel chaired by the Chief Whip of the House, Bello Kumo, to probe the rationale behind the decision, particularly in light of the current economic challenges facing the country.
Represented at the event by the Deputy Speaker, Benjamin Kalu, Speaker Abbas emphasized the need for transparency in the matter, noting that the welfare and rights of the affected employees must be protected.
Abbas also charged the committee to examine the process by which the fifty billion Naira severance package was determined.
The Speaker further noted that the green chamber is saddled with the responsibility of ensuring all parties are given a fair hearing in issues of this nature.
