The management of Mainsteet Bank Plc (formerly Afribank Plc)has terminated the appointment of over 650 staff in its employ.
The exercise took place last Friday through the electronic mails of the affected workers comprising both senior and junior cadres.
Confirming this at a press conference in Lagos on Mondayt,Secretary-General of the Trade Union Congress of Nigeria(TUC),Chief John Kolawole,said the action of the bank lacks due process and manifests its height of provocation and lawlessness which is condemnable.
He urged the affected workers not to receive termination letter from the bank as the union is determined to come to their rescue.
He also urged to immediately reverse the termination and other anti-labour acts,failing which his members will shut down the operation of the bank.
‘’Consequently,TUC unequivocally state and demand the reversal of these terminations and other anti-labour acts immediately,failing which TUC will mobilize all its affiliates,allies and resources to shut down completely the operations of the Bank nationwide.