Story perspectives

Protests Loom as Sowore Slams Banking Sector's 'Slavery'

10/31/2025

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Summary

Story summary

Omoyele Sowore condemned contract staffing in the banking sector, calling it state-backed slavery.
Contract staff account for about 65% of the workforce and often earn less than permanent employees.
The Labour Act mandates equal pay, but enforcement is weak, according to the Nigeria Labour Congress.
Edo State lawmaker Adams Oshiomhole criticized banks for using endless contracts to cut costs.
Sowore called for protests and legal action to pursue legislative reforms.

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Story summary

Omoyele Sowore condemned contract staffing in the banking sector, calling it state-backed slavery.
Contract staff account for about 65% of the workforce and often earn less than permanent employees.
The Labour Act mandates equal pay, but enforcement is weak, according to the Nigeria Labour Congress.
Edo State lawmaker Adams Oshiomhole criticized banks for using endless contracts to cut costs.
Sowore called for protests and legal action to pursue legislative reforms.