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Reading: Just In: NLC Suspends Planned Strike Action Over Naira Scarcity
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VEO News > Blog > Hot Stories > Just In: NLC Suspends Planned Strike Action Over Naira Scarcity
Hot Stories

Just In: NLC Suspends Planned Strike Action Over Naira Scarcity

Samuel Olugbeminiyi
Last updated: 2023/03/28 at 5:45 PM
Samuel Olugbeminiyi Published March 28, 2023
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The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their planned strike scheduled to commence on Wednesday over the scarcity of naira notes.

According to NLC President, Joe Ajaero, the decision was reached after receiving briefings from state councils in the 36 states and the Federal Capital Territory.

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

Recall that the labour unions had threatened to embark on a nationwide from Wednesday, March 29, 2023 if issues like the cash crunch, fuel scarcity and electricity tariff increase are not addressed by the government.

On Monday, 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.

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TAGGED: Chris Ngige, Joe Ajaero, Minister of Labour and Employment, Nigeria Labour Congress, NLC President, Trade Union Congress
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