dc.description.abstract | Contract staffing in Nigeria's banking sector has become a systematic problem, trapping young professionals in exploitative working circumstances with no job security, benefits, or opportunities for advancement. Nigerian labour laws expose these workers, primarily recruited through outsourcing corporations, to low pay, unreasonable expectations, emotional stress, and lack of legal rights. Although the Labour Act Cap L1 LFN 2004 and other labour-related measures provide fundamental job protections, enforcement is inadequate. Despite the Nigerian government's efforts to combat casualization, significant legislative and regulatory actions are required to protect contract workers' rights and promote labour dignity in Nigeria's banking sector.
To address the issue of outsourcing of work and the ordeals faced by contract bank staff in Nigeria, this brief hereby recommends, among others, that the National Assembly, through its relevant Committees, the Senate Committee on Banking, Insurance and other Financial Institutions, and the House Committee on Banking Regulation, may wish to amend the Labour Act to cover outsourced and contract workers explicitly by defining contract staffing legally and mandating written contracts, job security and equal treatment under the law. | en_US |