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HomeLabour and ProductivityCash Scarcity: Labour Gives FG 7 days Ultimatum, Plans Nationwide Strike

Cash Scarcity: Labour Gives FG 7 days Ultimatum, Plans Nationwide Strike

The Nigeria Labour Congress has issued a 7-day ultimatum to the federal government to address the current issue of fuel and naira scarcity in the country.

NLC said it would direct its members to stay away from various workplaces and mobilise for mass actions if the lingering issues persist.

The new President of NLC, Comrade Ajaero made this known in Abuja while briefing journalists on the outcome of the Central Working Committee meeting of labour.

He lamented that Nigerians , including workers are not only subjected to untold hardship, but are also pushed to the wall, hence, NLC can no longer keep quiet

“Gentlemen of the press, it will interest you to know the state of the nation at this critical point that our economy is in.

“First, you may have noticed that it is actually difficult for Nigerian workers to access their hard-earned money in banks and Nigerians are questioning the inability of banks to provide them their money which they were asked to pay into the bank.

“You would also have noticed that it is difficult to see petroleum products. Where you see in some parts of this country, a litre costs as much as N350 and above.

“On the issue of cash crunch, the NLC is giving the federal government of Nigeria and agencies of government, including the Central Bank of Nigeria and other banking institutions seven working days to address the issue of the cash crunch.

“If they fail to do this at the expiration of the seven days, the congress will direct all workers in the country to stay at home because it has become very difficult to access money to enter vehicles to their workplaces.

“It is difficult, even difficult to buy products, especially from traders who don’t have bank accounts,” Ajaero told journalists at the briefing.”

He added, “On this issue of fuel, the congress wishes to inform the Federal Government that we will no longer keep quiet on this issue of perennial fuel scarcity and arbitrary increases on petroleum.”

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