Tension Heighten in CBN As Olayemi Cardoso Approves Mass Sacking

Date: 24-05-2024 8:15 pm (3 weeks ago) | Author: kacy lee
- at 24-05-2024 08:15 PM (3 weeks ago)
(f)

The Central Bank of Nigeria (CBN) is currently undergoing significant restructuring under its new governor, Olayemi Cardoso.

This restructuring has resulted in the dismissal of several high-ranking officials.

Initially, seven directors were sacked, with another twelve senior executives scheduled for dismissal. This wave of terminations primarily affects those appointed during the tenure of former governor Godwin Emefiele​

The dismissals are part of a broader effort to overhaul the CBN's operations and address inefficiencies and alleged misconduct.

Specifically, the Development Finance Department has been heavily impacted due to issues related to the management of various development funds, such as the Anchor Borrowers Scheme and the Real Sector Support Facility​

This move has caused significant uncertainty and concern among CBN employees, as the criteria for these dismissals have not been clearly communicated, leading to widespread apprehension about job security and the future direction of the institution​


Posted: at 24-05-2024 08:15 PM (3 weeks ago) | Addicted Hero
- gogoman at 24-05-2024 09:06 PM (3 weeks ago)
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lol very soon JAGABAN will review all una work!!!! u are in soup boy!!  Roll Eyes Roll Eyes Roll Eyes
Posted: at 24-05-2024 09:06 PM (3 weeks ago) | Grande Master
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- kp45 at 24-05-2024 09:28 PM (3 weeks ago)
(m)
Ok
Posted: at 24-05-2024 09:28 PM (3 weeks ago) | Addicted Hero
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- fineboy77 at 24-05-2024 10:30 PM (3 weeks ago)
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 Huh? Huh? Huh?

Posted: at 24-05-2024 10:30 PM (3 weeks ago) | Addicted Hero
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- Jiiitk4 at 24-05-2024 10:55 PM (3 weeks ago)
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Sack and fill the positions with Yoruba. That's their agenda. Yoruba Nation. Watch out.
Posted: at 24-05-2024 10:55 PM (3 weeks ago) | Gistmaniac
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