Activities at Oceanic Bank Headquarters and all its branches in Lagos State, Southwest Nigeria were paralysed on Friday, the 17th of February 2012, following the decision of the new owner of the bank, Ecobank to pay the disengaged staff paltry sum of money as severance package.
It was gathered that the bank wanted to pay the disengaged staff N40, 000 per annum across board to disengaged staff recruited by Oceanic Security, a subsidiary of Oceanic Bank.
What this means is that workers who have spent eight years working for the former Oceanic Bank will take home a paltry N320, 000 for all the years spent working for the bank.
When contacted, the Corporate Affairs Manager of Ecobank, Michael Joseph said he could not speak for the Managing Director, saying that the bank would soon issue a press statement on the matter.
There are fears that more workers will lose their jobs in the wake of banking reforms and mergers.
When contacted, the Corporate Affairs Manager of Ecobank, Michael Joseph said he could not speak for the Managing Director, saying that the bank would soon issue a press statement on the matter.
There are fears that more workers will lose their jobs in the wake of banking reforms and mergers.
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