The Minister of Labour and Employment, Dr. Chris Ngige had earlier ordered banks to stop sacking their staff.
The Labour unions also said they support the minister’s threat to withdraw the licence of the banks that went ahead to sack their staff.
They also gave the banks who laid-off their workers, a 21 day ultimatum to call back their staff or face industrial action.
Vanguard reports that the NLC President, Ayuba Wabba and his TUC counterpart, Bobboi Kaigama, in a joint statement said “we will picket them to show them that they do not have monopoly of law of disobedience.”
The labour leaders also slammed the banks for not allowing their workers join labour unions.
They also accused the banks of disobeying the law of the land.
The labour leaders are currently attending the 2016 International Labour Organisation (ILO) conference holding in Geneva, Switzerland.
The Nigeria Labour Congress (NLC) has also called on the Federal Government to update the country’s child labour laws to meet international standards.