The Central Financial institution of Nigeria (CBN) has dismissed claims of compelled mass retirements, clarifying that its Early Exit Bundle (EEP) is solely voluntary and with none damaging penalties for eligible employees.
CBN’s Appearing Director of Company Communications, Mrs. Hakama Ali acknowledged that the choice to implement the train was the end result of in depth consultations with the financial institution’s joint consultative council, a physique representing employees pursuits.
Mrs. Sidi Ali defined that the EEP, a longstanding coverage beforehand accorded to the chief cadre, has now been made accessible to eligible employees in any respect ranges.
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“For a while, employees representatives by means of the council had known as on administration to approve the early exit bundle for all cadres. Following these discussions, administration determined to fulfill this fashionable demand,” she stated.
Addressing considerations about potential repercussions for workers who decline the bundle, Mrs. Sidi Ali reaffirmed administration’s dedication to supporting workers’ skilled development and well-being, describing the considerations as unfounded.
She additional emphasised that the initiative is an inside company matter designed to advertise profession growth for workers.
