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BREAKING: NLC, TUC Shelves Proposed Strike over Cash Scarcity

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BREAKING: NLC, TUC shelves proposed strike over cash scarcity

The strike that was set to take place on Wednesday due to the shortage of naira notes has been postponed by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC).

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The two Labour organisations stated they would wait two weeks before deciding on their next course of action while keeping an eye on the amount of money available in commercial banks.

The Presidents of the NLC, Joe Ajaero and Festus Osifo, said this during a joint press conference on Tuesday in Abuja at the end of their National Executive Council meetings.

Ajaero said after receiving briefings from its state councils in the 36 states and the Federal Capital Territory, the NLC decided to defer the planned stay-at-home directive issued to workers last week.

He said the NLC would resume the planned protest if naira notes became unavailable to Nigerians by the end of the two weeks.

The NLC president said a committee has been set up to monitor situations in banks and report to it at the end of the two-week extension.

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