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Naira Crunch: NLC Directs Workers To Protest At CBN Offices Nationwide 

NLC President, Joe Ajaero, who briefed journalists in Abuja, said economic activities will be shut down across the nation effective next Wednesday.


The Nigeria Labour Congress picketed the headquarters of the Corporate Affairs Commission in Abuja on February 24, 2021. Sodiq Adelakun/Channels TV
FILE PHOTO: The Nigeria Labour Congress pickets a Federal Government office on February 24, 2021. Sodiq Adelakun/Channels TV

 

The Nigeria Labour Congress (NLC) has directed all workers to protest at all the offices of the Central Bank of Nigeria (CBN) nationwide starting next week over the current cash crunch in the country.

NLC President, Joe Ajaero, who briefed journalists in Abuja, said the mobilisation for the exercise will commence on Friday while the total shutdown of economic activities across the nation will begin next Wednesday.

On March 13, 2023, the NLC issued a seven-day ultimatum to the Federal Government, calling for immediate action to cushion the effect of cash crunch and fuel scarcity crisis, or face industrial action by Nigerian workers.

Ajaero said the industrial action became the last resolve of the Congress, having urged the Federal Government through different channels to take into consideration the severe hardship workers and Nigerian citizens are experiencing because of the persistent cash scarcity.