Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • FAAN Announces Middle East Flight Disruptions After US-Israel Strikes On Iran
    • Ramadan Q And A With Sheikh Muhammad Usman – Day Twelve
    • Super Eagles Keeper, Obasogie Suspended For Three Months Over Match-Fixing
    • Boos Heard During Ramadan Pause As Leeds United Host Manchester City
    • Residents Flee As Iran Missiles Stun Dubai, Other Gulf Cities
    • Bolivian Military Plane Carrying Banknotes Crashes Near Capital, Killing 20
    • Former US Diplomat Sentenced To Life For Abusing Two Girls In Burkina Faso
    • Epstein Tried To Buy A Palace In Morocco Days Before His Arrest In 2019
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      FAAN Announces Middle East Flight Disruptions After US-Israel Strikes On Iran

      March 1, 2026

      FG Issues Travel, Safety Warning For Nigerians In Iran, Other Gulf Nations

      February 28, 2026

      Tinubu Reappoints Audi As NSCDC Boss Hours After Dramatic Exit

      February 28, 2026

      Gombe Governor Presides Over 52nd State Executive Council Meeting As SEC Approves Multiple Projects

      February 28, 2026

      Re-Engineering Productivity, Pathway To Sustainable Economic Development In Nigeria – Dakuku

      February 28, 2026
    • COLUMN

      Lessons From The FCT Elections – By Jonathan Nda-Isaiah

      February 28, 2026

      El-Rufai: What A Good Turn Didn’t Deserve – By Azu Ishiekwene

      February 27, 2026

      Nigerians’ Exodus To Benin Republic: When A Country Abandons Its Citizens – By Zainab Suleiman Okino

      February 26, 2026

      The Silent Link Between Fake Products And The Rise Of Kidney Disease In Nigeria – By Boma West

      February 25, 2026

      Tinubu’s Executive Order: Between Old Cabals And New Sheriffs – By Yemi Kolapo

      February 24, 2026
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Residents Flee As Iran Missiles Stun Dubai, Other Gulf Cities

      March 1, 2026

      Bolivian Military Plane Carrying Banknotes Crashes Near Capital, Killing 20

      March 1, 2026

      Iran’s Supreme Leader, Ali Khamenei Reportedly Killed In US-Israeli Attacks

      February 28, 2026

      US, Israel Attack Iran, Tehran Fires Back, Explosions Across Region

      February 28, 2026

      100,000 Pray At Al-Aqsa Amid Israeli Restrictions On 2nd Friday Of Ramadan

      February 28, 2026
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      Super Eagles Keeper, Obasogie Suspended For Three Months Over Match-Fixing

      March 1, 2026

      Boos Heard During Ramadan Pause As Leeds United Host Manchester City

      March 1, 2026

      FIFA Clears Okonkwo For Nigeria As Super Eagles Get Goalkeeping Boost

      February 28, 2026

      Messi Tackled By Pitch Invader In Inter Miami Game

      February 28, 2026

      Man City Get Real Madrid, Chelsea Face PSG In Champions League’s Last-16

      February 27, 2026
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - Disengaged Staff Drag CBN To Court, Demand N30bn Compensation

    Disengaged Staff Drag CBN To Court, Demand N30bn Compensation

    By Farouk AbbasJanuary 6, 2025
    Cardoso CBN Sad
    CBN Governor, Cardoso

    DISENGAGED staff members of the Central Bank of Nigeria, who were laid off in a mass redundancy last year, have taken the apex bank to the National Industrial Court of Nigeria in Abuja.

    RAMADAN KAREEM

    The aggrieved former staff members, in an originating summons filed on July 4, 2024, under the NICN Civil Procedure Rules 2017, raised several issues for the court to determine.

    Among other matters, the ex-CBN staff members are asking the court to decide whether they were denied their constitutional right to a fair hearing before and after their appointments were terminated. They claim that the CBN violated internal policies, Nigerian labour laws, and contractual rights.

    Silk

    The claimants—Stephen Gana, Kabiru Idris, Benedict Agbo, Peter Adeyemi, John Yisa, Eleanor Ihua, Stephen Ambore, Edom Obi, Dabo Chundung, Ekpe-Oko Roupa, Alabi Mubarak, Isa Yusuf, Quadru Ralph, Olasupo Adedokun, Dauda Yusuf, Ogidi Tolu, Levi David, Umar Kurba, Christopher Alfred, Gana Nma, Tanko Joel, Iyare Christian, Paul Iza, Alzebeokhai Esiemokhai, Pius Odunze, Isiuwe Uwadiahu, Vivienne Usoro, Imoh Francis, Ofili Lydia, Onunkwor Christopher, Adeshina Nurudeen, Bukar Ahmed, and Ajayi Omosolape—are all represented by Okwudili Abanum in a class action lawsuit.

    They argue that the termination process, carried out through letters titled “Reorganisational and Human Capital Restructuring” dated April 5, 2024, violated both the CBN human resources policies and procedures manual and Section 36 of the Nigerian Constitution. The claimants further argue that the process lacked the necessary consultation and fair hearing mandated by law.

    They also contend that the termination letters, issued on the grounds of restructuring, were arbitrary, illegal, and unconstitutional.
    In light of this, the claimants seek an order declaring their dismissal null and void.

    Additionally, the claimants are requesting a restraining order to prevent the CBN from terminating their employment without following the proper procedures. They are also seeking a declaration for their immediate reinstatement and payment of salaries and benefits from the date of termination.

    The suit references Article 16.4.1 of the HRPPM, which mandates consultation with the joint consultative council and adherence to fair procedures before employment actions adversely affect staff. The claimants contend that this provision was flagrantly disregarded, as they were given just three days to vacate their positions and hand over official property.

    They are also seeking N30 billion in general damages for psychological distress, hardship, and reputational harm caused by the dismissal, as well as an additional N500 million to cover the cost of the suit.

    Nigerian TAX Reform - Federal Goverment

    During the first mention of the suit on November 20, 2024, the court urged the parties involved to attempt an amicable resolution of the matter. Justice O. A. Osaghae noted, “This is a new matter; it is mentioned for the first time. I have looked at the processes, and it is my view that parties should attempt an amicable resolution of this dispute. Accordingly, parties are encouraged, pursuant to section 20 of the NICA 2006, to attempt an amicable settlement.”

    Meanwhile, the CBN, represented by a team of lawyers led by Inam Wilson (SAN), informed the court that they had filed a preliminary objection to the claimant’s suit, which was served to the claimants on November 4, 2024.

    Following the defendant’s counsel’s submission, Justice Osaghae adjourned the case to January 29, 2025, for the hearing of the preliminary objection.

    National Orientation Agency Page UP
    National Orientation Agency - Down

    It is recalled that in 2024, the CBN terminated the appointments of about a thousand staff in four batches between March and May of that year.
    Some laid-off staff claimed they received severance payments as low as N5,000, while others said their gratuities were absorbed entirely to offset outstanding loans.

    Although the layoff was officially attributed to reorganisation and human capital restructuring, the affected staff argue that the process violated the CBN Act, which mandates board approval for significant employment decisions.

    On December 4 last year, the CBN stated that its early exit package was entirely voluntary and without negative repercussions for eligible staff.

    CBN Court Disengaged Staff
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    FAAN Announces Middle East Flight Disruptions After US-Israel Strikes On Iran

    March 1, 2026

    FG Issues Travel, Safety Warning For Nigerians In Iran, Other Gulf Nations

    February 28, 2026

    Tinubu Reappoints Audi As NSCDC Boss Hours After Dramatic Exit

    February 28, 2026

    Gombe Governor Presides Over 52nd State Executive Council Meeting As SEC Approves Multiple Projects

    February 28, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    FAAN Announces Middle East Flight Disruptions After US-Israel Strikes On Iran

    March 1, 2026

    Ramadan Q And A With Sheikh Muhammad Usman – Day Twelve

    March 1, 2026

    Super Eagles Keeper, Obasogie Suspended For Three Months Over Match-Fixing

    March 1, 2026

    Boos Heard During Ramadan Pause As Leeds United Host Manchester City

    March 1, 2026

    Residents Flee As Iran Missiles Stun Dubai, Other Gulf Cities

    March 1, 2026
    Advertisement
    News Point NG
    © 2026 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp