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Learn about Blockchain technology part 3

NLC suspends planned nationwide strike over naira scarcity

 


Due to the shortage of naira notes, the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have postponed their planned statewide strike that was set to start on Wednesday, March 30. On Tuesday, March 28, the labor unions announced this at the conclusion of their National Executive Council meeting.


Recall that the labor unions had vowed to go on strike nationwide starting on March 29, 2023, if the federal government did not address the ongoing shortages of fuel, naira, and electricity.


Joe Ajaero, the NLC's president, told reporters today that the organization has chosen to postpone the past week's stay-at-home directive after hearing updates from its state councils in the 36 states and the Federal Capital Territory.


If Nigerians are unable to purchase naira notes by the end of two weeks, he said, the NLC will resume the planned protest.


In a last-ditch effort to stop the imminent strike, the Congress leadership met with the Minister of Labor and Employment Chris Ngige and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Monday, March 27. Emefiele claimed during the meeting that measures had been made to lessen the suffering of the populace as a result of the country's currency crisis.



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