The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has urged the federal government to exercise its powers under the
exclusive legislative list and take action against deliberate violations of minimum employment conditions by states, corporate entities, and multinational organisations.
Oluwole said that this particular section of the Act has been misused by unscrupulous employers and management to undermine the democratic spirit in which it was enacted by the government. Guest speaker, Bayo Owolabi urged the federal government to promote small and medium-sized businesses , solve security issues, invest in human capacity development, foster a production-centered economic model, and diversify the economy.
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