Just In..Video-Labour Suspends Strike By 2weeks

Organised Labour in Nigeria has shelved its planned picketing of Offices of Central Bank of Nigeria, Nationwide by two weeks.

The picketing and sit-at home was scheduled to hold from wednesday, March 29 across the country.

At a joint Briefing in Abuja addressed by President of Nigeria Labour Congress,(NLC) Joe Ajaero and President of the Trade union congress of Nigeria(TUC), Festus Osifo, organised Labour Said the shift was as a result of seeming ease in the cash crunch situation.

Labour said it will set up monitoring teams to ascertain the level of compliance with CBN release of Old Naira notes and weekend operations by deposit banks.

The Labour leaders however lament the unending unavailability of fuel and the secret hike in electricity tariff.

Recall that organised labour had met with the Minister of Labour and Employment Chris Ngige and the Central Bank Governor, Godwin Emiefele on Tuesday in which a review of the Naira scarcity was done, and Labour was persuaded not to embark on protests,in view of the gradual ease in the availability of Naira.


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