ASSBIFI Demands End to Casualisation, Outsourcing in Banks, Insurance Sectors
• Labour Ministry pledges reforms to protect workers in post-recapitalisation era Sunday Ehigiator The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has called for an immediate
The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has called for an immediate end to the casualisation and outsourcing of jobs in the banking, insurance, and financial services sectors, describing the practice as "modern-day slavery." ASSBIFI's Acting National President, Fanimokun Isaac Adesina, made the call during the association's commemoration of the 2026 World Day for Decent Work in Lagos.
Adesina highlighted the rapid transformation of the workplace due to artificial intelligence, digitalisation, automation, and platform economy, urging trade unions, employers, and the government to urgently address the growing displacement of permanent employment by casual and contract arrangements. He emphasized the need for living wages, improved social protection, and respect for workers' rights to freedom of association and collective bargaining, in line with the Nigerian Constitution and International Labour Organisation (ILO) Conventions 87 and 98.
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