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Times Reporters > News > Cash Crunch: NLC gives CBN, FG seven working days to address situation
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Cash Crunch: NLC gives CBN, FG seven working days to address situation

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By Publisher Published March 13, 2023
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...asks working class to standbye for strike at expiration of deadline

Barring any last minute intervention, workers in the public service may embark on strike to press home grievances over the current cash crunch being experienced in the country.

This may become feasible as the leadership of the Nigeria Labour Congress has issued a seven day ultimatum to the Federal Government to end the cash crunch by making funds available to Nigerians.

President of the Nigeria Labour Congress, Comrade Joe Ajaero issued the ultimatum on Monday in Abuja, at the opening session of the Central Working Committee (CWC) meeting of the apex labour union.

Ajaero who frowned at the hardship Nigerians were going through as a result of the cash swap policy of the Federal Government, warned that on the expiration of the seven days, workers would be directed to stay away from work if nothing is done to ameliorate the situation.

The NLC President equally criticised the current fuel scarcity in the country, lamenting that workers and Nigerians are being pushed to the wall.

” On this issue of fuel scarcity and cash crunch, Congress wish to inform the Federal Government that we will no longer keep quite.

“NLC is giving the CBN and the FG seven working days, if they fail to do the needful at the expiration of the seven days, all workers in Nigeria should stay at home,” Ajaero stated before the meeting broke into a closed door session.

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Publisher March 13, 2023
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