Business & Society

NLC, TUC shelve proposed strike over cash scarcity

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their planned strike slated for Wednesday over the unavailability of naira notes.
The two Labour bodies said they would monitor the availability of cash in commercial banks for two weeks before deciding on the next line of action.
Presidents of NLC, Joe Ajaero and TUC Festus Osifo said this during a joint press conference on Tuesday in Abuja at the end of their National Executive Council meetings.
Ajaero said after receiving briefings from its State councils in the 36 States and the Federal Capital Territory, the NLC decided to defer 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 the two weeks.
The NLC president said a committee has been set up to monitor situations in banks and report to it at the end of the two weeks extension.

Related posts

GWR: Ghanian student sets new record for hugging 1,123 trees in one hour

Editor

Why London Immigration Officers delayed Obi at the Heathrow Airport – Campaign office

Editor

Nigeria’s $11.5bn legal victory over P&ID, Tinubu says it’s a win for developing world

Editor

COP28: Tinubu meets King Charles, Nigeria, others eye $261bn

Editor

$800m subsidy cushion fund: Involve OPSN, NACCIMA tells FG

Editor

ARCON to sanction Peak Milk, others over provocative Easter adverts

Editor