Stuggling with finding a good job? Learn why 2000 people may be sacked by airlines operating in Nigeria.
Today the news of sacking thousands of Nigerian employed in airlines has struck the people. Over 2000 of workers can lose their jobs. Does CBN (Central Bank of Nigeria) has to do anything with it?
New CBN fund transfer policy
NUATE (National Union of Air Transport Employees) indicates that CBN introduced a new policy, which stimulates foreign airlines to withdraw their earnings home and cover their operational costs. Due to CBN decision many companies think they would not be able to withdraw their funds to cover their operational costs in Nigeria. So, they would be forced to stop operating on this marking. This means sacking for hundreds and thousands of workers of airlines in Nigeria.
As many Nigerians already are struggling with poverty and financial hardships, such situation would only make things worse. Urgent change in policy and proper handling of situation with Nigerian airlines and those of foreign companies is needed to preserve these jobs and prevent massive sacking.