Naira Scarcity: NLC Threatens Strike, Gives FG Seven-day Ultimatum

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The Nigeria Labour Congress leadership has given the Federal Government a seven-day deadline to end the country’s currency scarcity.

The labour union threatened to strike if the matter was not resolved by the deadline.

The ultimatum was issued by Joe Ajaero, President of the Nigeria Labour Congress, on Monday in Abuja, during the opening session of the labour union’s Central Working Committee meeting.

Ajaero, who expressed concern over the difficulty being experienced by Nigerians as a result of the Federal Government’s naira redesign strategy, cautioned that if nothing was done to improve the situation by the end of the seven-day period, workers would be directed to stay away from work.

Ajaero also condemned the fuel scarcity in the country, lamenting that workers and Nigerians were being pushed to the wall.

“On this issue of fuel scarcity and cash crunch, the Congress wishes to inform the Federal Government that we will no longer keep quiet.

“The NLC is giving the Central Bank of Nigeria 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 said before the meeting went into a closed-door session.