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NLC Issues 7-Day Ultimatum To FG Over Cash Crunch, Fuel Scarcity

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The Nigeria Labour Congress (NLC) has issued a 7-day ultimatum to the Federal Government to solve the issue of the current menace of cash and fuel scarcity ravaging the nation, hence its workers will embark on a solidarity movement to embark on a sit-at-home protest. The NLC President, Joe Ajero made this declaration on 13th March 2023, while addressing journalists at the Labour House, in Abuja on the outcome of a meeting by the Central Working Committee of the congress. Expressing displeasure the NLC Boss has bemoaned the CBN's cashless policy, which has affected Nigerians negatively, noting that the union has been pushed to the wall.

“The NLC is giving the Federal Government and agencies under it, including the CBN and other banking institutions seven working days to address the cash crunch. “If they fail to do so at the expiration of the seven working days, the Congress is directing all workers in the country to stay at home.

“This is because it has become very difficult to access even one naira, especially by traders who do not have bank accounts. “We have also discovered that even when banks give out old currencies, they cannot be spent. Even when you take them back to the same banks, they do not accept them. “We have been frustrated to a level that we can no longer keep quiet,’’ Ajaero said.

The NLC president also lamented difficulties being experienced at petrol stations.“At fuel stations where there is petrol, it sells for as much as N350 a liter in some parts of the country. “We will no longer be quiet about this issue of perennial fuel scarcity and arbitrary increase in prices,’’ he said.