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NLC gives CBN, FG 7 working days to end cash crunch

...Tells working-class to stand by for strike action at expiration of deadline.

by Achadu Gabriel, Kaduna 

The leadership of the Nigeria Labour Congress (NLC) has issued a seven-day ultimatum to the Federal Government to end the cash crunch being experienced in the country.

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 situation 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 wishes to inform the Federal Government that we will no longer keep quiet.

“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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