Central Bank of Nigeria (CBN) set to retire at least 1,000 staff before December 2024, costing over N50 billion, as part of a reorganization plan to reduce workforce.
The Central Bank of Nigeria (CBN) is planning to retire at least 1,000 employees before December 2024, according to sources. The move is expected to cost over N50 billion as a severance package. The decision is part of the bank's reorganization efforts aimed at reducing its workforce, following the retirement of several directors under former governor Godwin Emefiele.
Staff members have until December 7 to apply for an Early Exit Package, excluding those who have not been confirmed or who have served less than a year
Central Bank Of Nigeria Workforce Reduction Retirement Scheme N50 Billion Reorganization
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