GTB 737 banner Yudala banner

ASSBIFI settles intra-union dispute, 11 yrs after

By News Express on 30/09/2015

Share on facebook Yahoo mail icon Gmail icon

Views: 1,058


The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) and its unit in Union Bank and UBA on Tuesday settled their 11-year-old intra-union crisis.

The President of ASSBIFI, Mr. Sunday Salako, made the announcement at a news conference in Lagos.

Salako said that all contending issues were finally resolved on Aug.1 and that all parties had decided to return to the national secretariat as one body.

The News Agency of Nigeria (NAN) reports that the dispute started in 2004 after ASSBIFI’s delegates’ conference in Benin.

The Union Bank and UBA units of the association felt aggrieved over some matters which could not be resolved over the years.

Salako said that the disposition of the current leadership of the two units made the reconciliation possible as they agreed that it was unwise to continue with litigation.

“The case has been in court and in 2007 both parties signed an agreement for out-of-court settlement. In spite of this move the dispute remains unresolved.

“But the current leaders in the two units discovered that the crisis is at the detriment of members who have been at the receiving end since 2004.”

The unionist said that as a united body, the workers would no longer allow the recklessness of the past in the financial system to continue to affect them.

“In the past, loans were given without collateral and later the workers will bear the burden.

“Corporate greed in the system has been the cause of problems in the sector and it has to stop.”

The president said that as a united body, the workers would no longer tolerate situations where they were given unrealistic targets by banks’ management.

Salako said that ASSBIFI had taken over the assets and liabilities of the units and that about 90 per cent of the banks were now unionised. (NAN)

Source News Express

Posted 30/09/2015 02:45:51 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Buhari seeks approval to borrow $29.96 billion

Loyal forces crush Burundi coup; embattled President back...

Fashion icon who became famous as rock legend...

Abducted Chibok schoolgirls complain of hunger, beg for...

Jonathan lectures Brazil on how to tackle Zika...

Nigerian terror suspect arrested in Germany

Oil prices to stay low for two years:...

FOREX: CBN lifts supply with $180m…invisibles get $80m...

Seplat Petroleum seals US$1.4B loan deal with FBN...

Dokubo spits fire, berates critics of Alamieyesigha’s pardon...

Buhari hosts Facebook founder, commends him for inspiring...

Ekiti Government, Catholic Church battle in court over...

 

Latest News APC sweeps Lagos LG polls Anambra: Assailants behead man, 73, in his farm FG assesses liberated communities in Borno Industrialisation: Edo set to seal power supply deal Saudi Arabia expels 198 Nigerian illegal residents Thunderstorms, rains to dominate today’s weather, says NiMet 2,000 corps members to serve in Enugu Seek alternative sources of funding, Okowa urges tertiary institutions•DELSU graduates 8,491 NPA to embark on nationwide safety campaign PDP congratulates Ngilari on his victory at the Appeal Court NAPTIP nabs 2 suspected traffickers Buhari's sickness: Femi Adesina has lost his mind -- Femi Fani-Kayode

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (266,292 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (247,066 views) Shameless Genevieve Nnaji exposes breasts in public (201,377 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (172,402 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (169,192 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (151,032 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (130,687 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (123,468 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (115,218 views) Lagos plane crash: Journalist releases victims’ names (107,345 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (107,035 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (99,645 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,635) Business Verdict (18) Columnists (714) Complaints & Requests (92) Enterprise & Opportunities (164) Entertainment (345) Features (470) Global Business Monitor (163) International (1,458) Interviews (126) Live Commentary (28) Love Matters (64) News (26,705) Opinion (758) Pidgin (8) Politics (3,815) Religion (579) Sports (1,287) Stock Watch (20) AMA & Al Jazeera Global Update

 

CBN words on marble advert

 

 

Senator Adeleke on the dancing steps in London

 

APO Newsbreak logo

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!