News Column

Union Shuts Down Firstbank Head Office Over N1.8 Billion Debt

August 14, 2014

The Amalgamated Union of Public Corporations, Civil Service, Technical and Recreational Service Employees (AUPCTRE) Wednesday temporarily shutdown banking operations at First Bank of Nigeria head office in Lagos.

The News Agency of Nigeria (NAN) reported that the industrial action paralysed activities at the bank for more than four hours, as the aggrieved union officials refused customers entry into banking hall for any business transactions.

Lagos State Secretary of AUPCTRE, an affiliate of the Nigeria Labour Congress (NLC), Mr Biodun Bakare told NAN that the picketing of the FirstBank headquarters followed the N1.8 billion outstanding arrears of emoluments the bank owed 1,100 AUPCTRE members.

Bakare said that the money had been paid by the Anambra state government for workers at the state's Water Corporation and Environment Protection Agency for eight years which the bank refused to disburse. details to follow

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Source: AllAfrica

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