Financial institutions

NUBIFIE threatens to shut down financial institutions if crisis persists – Nigeria – The Guardian Nigeria News – Nigeria and World News

The National Union of Banking, Insurance and Financial Institutions Employees (NUBIFIE) has said it will join the Nigeria Labor Congress (NLC) in its solidarity strike against the continuing strike by the University Academic Staff Union ( ASUU).

NUBIFIE said so in a statement signed by its National President, Mr. Anthony Abakpa, and its Secretary General, Mr. Mohammed Sheikh, on Sunday.

The NLC had said it would embark on a nationwide protest on July 26-27 in solidarity with unions at Nigerian public universities and others.

The Chairman of the NLC, Mr. Ayubaa Wabba, said so in a circular co-signed by Mr. Emmanuel Ugboaja, Secretary General of the Congress in Abuja.

The News Agency of Nigeria (NAN) reports that the circular, which was issued on July 15, was addressed to the Chairpersons and Secretaries of the NLC State Councils.

NUBUFIE said it was clear that the persistent teachers’ strike, since February 14, would continue to weigh heavily on the academic performance of students.

He also noted the psychological trauma he caused to both the student and the poor parents.

NUBIFIE called on President Muhammadu Buhari to concretely intervene and end the ongoing strikes.

The NUBIFIE statement read in part: “However, if after the NLC’s day-long protest on this issue and nothing is done, the union will have no choice but to call all of our members into the banks, insurance and other financial institutions in solidarity with ASUU.“

The News Agency of Nigeria (NAN) reports that the ASUU has been on an indefinite strike since February 14 following a confrontation with the government.

The union had accused the government of failing to implement the memorandum of understanding and the action protocol signed between the two parties.

Other issues include the government’s lack of commitment to payment of earned academic allowances and the continued use of the integrated staff payroll information system.

The speakers are also unhappy with the government’s refusal to embrace the solution of university transparency and accountability and the proliferation of universities in the country.