Business
Fani-Kayode berates Access Bank CEO over retrenchment of workers
Femi Fani-Kayode has berated the Managing Director of Access Bank, Herbert Wigwe for sacking hundreds of staff after giving the Federal Government N1 billion to fight Coronavirus.
Access Bank had given the Federal Government N1 billion to wage war against Coronavirus. But the bank, few days ago allegedly laid off lots of staff, citing economic downturn arising from Coronavirus lockdown as the reason.
The bank also cut the salaries of staff of the bank, as part of measures to stay afloat.
Fani-Kayode, reacting to the development said it was foolishness for Access Bank to give FG N1 billion to fight COVID-19 and the next day sacked hundreds of loyal staff.
In his words: “You gave 1 Billion Naira to the FG to fight COVID-19 & the next day you sacked hundreds of your loyal staff.
“You betrayed your workers and turned your back on them when they needed you most because you were more interested in your profits and appeasing Buhari. SHAME ON U!
“Worse still, you shut down 340 of your branches! With a stroke of the pen you have thrown thousands of people into unemployment at a time when they are already going through hell because of the lockdown and you have destroyed many families. Herbert Wigwe, how do you sleep at night?”
-
News6 days agoUK, Canada pledge closer cooperation on trade, defence and AI
-
Business1 week agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business7 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Business7 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Business4 days agoDangote Refinery IPO: Can small investors really make money from the shares?
-
Comments and Issues5 days agoWavy fuel prices and deepening cost-of-living crises in Nigeria
-
Football5 days agoFULL LIST: Eight stadiums to host 2027 Women’s World Cup in Brazil
-
Business2 days agoJetour takes T1 adventure SUV experience to Abuja, targets growing Nigerian market


