Thursday, May 9

Tag: Naira

NLC To Embark On Nationwide Strike Over Naira Scarcity 
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NLC To Embark On Nationwide Strike Over Naira Scarcity 

The Nigeria Labour Congress (NLC) has directed public sector workers in the country to embark on strike. The strike is billed to commence on Wednesday next week. Joe Ajaero, the NLC president, gave the directive at a media briefing in Abuja on Wednesday. He also directed that affiliate unions constituting the NLC should be on standby for picketing exercises across all branches of the Central Bank of Nigeria (CBN) nationwide. Last week, the NLC issued a seven-day ultimatum to the federal government to end the petrol and cash scarcity being experienced in the country. Speaking with journalists, Ajaero said the industrial action became the last resolve of the NLC following the expiration of the ultimatum. He said the decision to picket CBN branches became necessary as the f...