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Cash Crunch: NLC Directs Members To Picket CBN Offices Nationwide

Stanley Uhegbu by Stanley Uhegbu
March 23, 2023
in World News
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NURSS to carry out protest over non-bursary payment

crowd protest demonstration Source: pixabay.com

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The Nigeria Labour Congress (NLC), says beginning from next week, it will picket all offices of the Central Bank of Nigeria across the country over the current cash crunch.

NLC President, Joe Ajaero disclosed this in a statement on Wednesday.

He said the directive became imperative following the expiration of one week ultimatum given to CBN to make cash available for Nigerians.

“Last week at the end of our CWC meeting, we gave a one week ultimatum for the federal government to address immediately, among other issues, issue of cash crunch that was caused by the policy. As at this morning when the CWC met again to review the situation, we discovered that not much, improvement has been made,” he said.

“Consequently, the CWC-in-session resolved to go into the process of actualizing the one week notice. From Friday, there will be mobilisation of all state councils through a NEC meeting. All unions have already been directed to mobilise all their organs and their branches,” he added.

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