Naira Scarcity: NLC Issues Fresh Directive To Nigerians, Gives Update On Strike

The Nigeria Labour Congress (NLC) has directed Nigerians to report any commercial bank not dispensing cash to its state councils.

Naija News reports that the directive was given ahead of a planned strike by labour unions over the scarcity of naira notes across the country.

NLC gave the directive at weekend after its NEC meeting on Friday where affiliate unions and state councils of NLC were directed to monitor the cash situation and how banks were dispensing naira notes to workers.

It was gathered that leaders of the NLC have fixed a meeting of the National Executive Council (NEC) for Tuesday to take a final decision on Wednesday’s planned nationwide strike.

Speaking to Vanguard on Sunday, NLC resident, Joe Ajaero, said: “Our affiliate unions and state councils were directed to monitor the situation. Workers have been directed to report banks not dispensing cash to NLC state offices.

”Our state councils and affiliates unions are to report back to us the prevailing situations in their states by Tuesday when we will hold another NEC meeting. The report we get from them will determine our next line of action.

”In fact, the seven days ultimatum we gave will expire on Tuesday (March 28). The report will determine our final decision. As we speak, I am out on the streets of Abuja monitoring the situation.

”I am aware also that officials of the Central Bank of Nigeria, CBN, were in Lagos on Saturday and Sunday to monitor the situation.”

Part of the decision was that “the nationwide strike will be a sit-at-home and picketing of the headquarters of the CBN and all its offices nationwide on Wednesday, March 29, 2023. If the strike commences, it would continue until cash becomes available to all Nigerians.”