CBN fires 50 more officials, 117 gone in three weeks

Fifty more staff of the Central Bank of Nigeria (CBN) were sacked on Monday, adding to the long list of ongoing disengagements in the apex bank.

According to a report by Daily Trust, the sacking under the leadership of CBN governor, Mr Olayemi Cardoso cuts across 29 departments, it was learnt.

So far, 117 casualties have been recorded in the last 20 days.

The termination of appointments affects directors, deputy directors, assistant directors, principal managers, senior managers and lower ranking staff.

The dispatch of the disengagement letters, which started on March 15, has continued every other week with palpable apprehension amongst staff of every cadre as the management has not specified any standard criteria for the decisions, insiders told our correspondent.

Since the commencement of the sacking, officials of the apex bank have refused to comment on the matter.

The apex bank has also not responded to nor denied the previous allegations on the issue that were published by this paper.

A senior management source, who does not have the permission to speak on the matter, told our reporter that the sacking spree will continue till the end of April.

Staff affected by the latest development, who also spoke to Daily Trust on the condition of anonymity, said the lack of clarity or justification for the sack has made them conclude that they are victims of personal vendetta by Mr. Cardoso and the deputy governors.