Connect with us

Hi, what are you looking for?

News

NLC suspends planned nationwide strike over naira scarcity

NLC

Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their planned nationwide strike scheduled to commence on Wednesday, March 30 over the scarcity of naira notes.

The labour unions made this known at the end of their National Executive Council meeting on Tuesday, March 28.

Recall that the labour unions had threatened to embark on a nationwide from Wednesday, March 29, 2023 if the Federal government fails to resolve the lingering naira scarcity, fuel scarcity and electricity tariff increase.

Speaking to newsmen today, the NLC President, Joe Ajaero, said after receiving briefings from its state councils in the 36 states and the Federal Capital Territory, the NLC decided to put on hold the planned stay-at-home directive issued to workers last week.

He said the NLC would resume the planned protest if naira notes become unavailable to Nigerians by the end of two weeks.

On Monday, March 27, the Minister of Labour and Employment, Chris Ngige and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, met with the leadership of the Congress in a last-minute attempt to avert the impending strike.

At the meeting, Emefiele said steps have been taken to alleviate the sufferings of the masses in relation to the naira crunch in the country.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

News

The Smart Treasure (ST) Team visited the Pacelli School for the Blind and Partially Sighted Children in Lagos on Tuesday, extending their support with...

News

Nigerian music isn’t just a local force anymore, it’s a global takeover. Spotify’s 2025 Global Impact List shows just how far Nigerian music and...

Tech

ST Team, an AI-powered investment platform dedicated to creating financial freedom for individuals, has launched its Tech Academy program. This initiative offers free training...

E-Financial

Fidelity Bank Plc, a leading financial institution, has once again demonstrated its unwavering commitment to enhancing its host communities’ lifestyles. Through its dedicated education...