Bankers union sues Nigerian lender over workers’ contractsNigerian owned Guaranty Trust (GT) Bank is embroiled in a row with its staff over an employment policy introduced by new managing director Olabayo Veracruz that has affected 60 employees. The Banking Insurance and Finance Union (BIFU) filed a case Thursday under certificate of urgency, accusing GT Bank of violating labour rules by denying its staff employment benefits. “The workers who are brought in from external companies work side by side with the bank employees who carry out the same function,” said Mr Odero. “The number of unionisable employees has reduced to a mere 10 due to replacement of workers from external employment merchants. The GT Bank boss confirmed on Friday that he been served with the suit papers, saying the bank was holding talks with the union to handle the dispute.

Source: Standard Digital March 02, 2019 21:04 UTC