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Group appeals to Access Bank over planned retrenchment of staff

Robby Akeju by Robby Akeju
May 2, 2020
in News
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Access Bank posts gross earnings of N764.7bn for 2020, extends African footprint

Access Bank

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An appeal has gone to the management of Access Bank to reverse its decision to sack 75 per cent of its workforce, saying such development will bring more hardship to many families in the country.

Making this appeal at the weekend is a Non – Governmental organisation, Nigerian Youth Professionals (NYP).

NYP in a statement by its Chairman, Dr Dozie Okechukwu and Secretary, Alhaji Bala Ali, said the retrenchment of those workers at this time that the country is battling with the harsh economic effect is not desirable.

“We hereby appeal to the Board and Management of Access Bank to please rescind its decision to sack 75 per cent of its workforce because that decision will bring sorrow and hardship to thousands of families across the country. Its split over effects may even amount to unimaginable level.

“We believe the bank can cut its other ostentatious expenses such as frequent advertisements in foreign Television outfits like CNN to augment its expenditure.

“Laying off workers at this time that many Nigerians are already suffering harsh economic reality of lockdown occasioned by the COVID -19 Virus pandemic will be too suicidal.

” We appeal to the bank to take into cognisance the interest of the dependants of the workers and rescind its decision”.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.