ELECTRONIC BANKING AND EMPLOYEES’ JOB SECURITY IN LAFIA NASARAWA STATE, NIGERIA

Abstract

This study examined the relationship between electronic banking and the job security of the employees in Lafia Nasarawa state. Primary data were collected through a structured questionnaire and analysed by means of descriptive statistics such as frequencies, means and standard deviation. Chi squares was also used to analyse the hypothesis for the study. The results show that adoption of e-banking does not directly lead to loss of jobs in banking sector in Lafia Nasarawa state. Despite this result, most of the respondents interviewed believed that loss of jobs is possible in the foreseeable future with the increasing rate of adoption of electronic banking. It was recommended, therefore, that more conducive environment should be created for the other sectors of the economy to take full advantage of more efficient e-banking sector and that the adoption of electronic banking, though encouraged, should be done not necessarily as a substitute to labour but rather a complement.