Foreign Airlines To Sack 2000 Nigerian Workers Due To CBN Rules

The National Union of Air Transport Employees ,NUATE,has revealed that foreign airlines plan to sack about two thousand (2,000) Nigerian workers  due to what they claimed is their inability to transfer their earnings to their respective home countries to meet operational costs in accordance with international rules because of new Central Bank of Nigeria , CBN, policy on forex and fund
transfer.

In a letter addressed to the Minister of State for Aviation,Senator Hadi Sirika and made available to newsmen, Acting General Secretary of NUATE, Comrade Olayinka Abioye said the plan has destabilize  the affected workers, adding that the Federal Government should wade in and prevent the huge job loss.

According to Abioye , “ The reason being adduced for this danger is that their earnings in the past year is under lock with the Central Bank of Nigeria, CBN , as they are unable to transfer these earnings to their respective home countries to meet operational costs in accordance with
international rules.”

“Following concerns raised recently by leaders of these workers and other stakeholders and in appreciation of the good intent of the government’s fiscal policy, we humbly make this clarion call for your (Minister)  intervention to grant foreign airlines concession to repatriate their
proceeds to their home countries,” he said.

He added that should the foreign airlines go ahead with the sacking of the workers it would not be in the interest of the aviation sector and Nigeria as a whole.

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