The Nigeria Labour Congress, NLC, has suspended its planned strike over the scarcity of naira notes across the country.

NLC had planned to begin a nationwide indefinite strike from tomorrow, (Wednesday, March 29)  and picketing of CBN offices across the country over the cash crunch that had brought untold hardships to Nigerians and businesses.

At the end of its National Executive Council, NEC, meeting this afternoon, leaders of NLC gave the Central Bank of Nigeria, CBN, two weeks to normalise the money supply nationwide.

Recall that the NLC had issued an ultimatum to go on strike beginning from Wednesday, nationwide, part of which was a plan to picket the various branches of the Central Bank of Nigeria.
It is, however, not clear whether a meeting summoned by the Minister of Labour and Employment, Chris Ngige between the leadership of the NLC and CBN prompted the decision to extend the ultimatum for an additional two weeks.

Leave a Reply

Your email address will not be published. Required fields are marked *