The planned two-week strike action of Central Bank of Nigeria offices nationwide by Nigeria’s Organized Labour has been postponed.
The nationwide picketing and “sit at home” order was scheduled to start on Wednesday, March 29.
During a joint press conference in Abuja with Festus Osifo, president of the Nigerian Trade Union Congress, and Joe Ajaero, President of the Nigerian Labour Congress, claims that the change is due to the apparent improvement in the cash shortage situation brought by by the CBN Naira redesign program.
Labour announced that it will appoint monitoring teams to evaluate deposit banks’ weekend activities and the CBN’s issue of Old Naira notes.
Oganised Labour laments the unending unavailability of fuel scarcity and the secret hike in electricity tariff.
The Minister of Labour and Employment Chris Ngige and the Central Bank Governor, Godwin Emiefele met with organized labour Tuesday over the planned protests.