Reps move against casual labour in banks as Laguda’s Bill scales second reading

By Idowu BankoleThe House of Representatives has taken a major step toward ending the long-standing practice of casual and contract employment in Nigeria’s banking sector, as a bill sponsored by Rep. Fuad Kayode Laguda (Surulere 1) successfully passed second reading at Thursday’s plenary.The proposed legislation, titled “A Bill for an Act to Amend the Banks and Other Financial Institutions Act, 2020, and for Related Matters,” seeks to prohibit, criminalise, and penalise