Comrade Anthony has called on the Federal Government to strengthen the enforcement of labour laws and review outsourcing practices in Nigeria’s financial sector to ensure fair treatment and adequate protection for workers.
Speaking on Trade FM’s Ask the Expert segment on the topic, “Outsourcing of Workers in Nigeria’s Financial Sector: Labour Rights, Government Policies, Taxation, and the Future of Employment,” the President of the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) said outsourced employees often carry out the same responsibilities and face the same workplace risks as permanent staff but are paid significantly lower salaries and receive fewer benefits, including limited access to pensions, gratuities, and other employment entitlements.
He maintained that although outsourcing may reduce operational costs for employers, it has exposed many workers to poor working conditions and job insecurity. According to him, Nigeria already has labour laws and international conventions that protect workers’ rights, but weak implementation remains the major challenge.
Anthony urged the government to convene employers, labour unions, regulators, and other stakeholders to review existing outsourcing policies, close identified gaps, and ensure that all workers, regardless of their employment status, enjoy equal protection and fair labour practices.
