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NLC Gives FG 7 Days To Resolve Cash Crunch, Or Risk Workers’ Sit-At-Home

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NLC President Joe Ajaero.

Except the Federal Government promptly resolves the lingering cash crunch arising from the redesign of the N200, N500 and N1,000 notes and the cashless policy, beginning from next Monday, workers in Nigeria will commence a sit-at-home campaign to protest the matter.

The President of the Nigeria Labour Congress (NLC), Mr. Joe Ajaero, on Monday in Abuja, Nigeria’s Federal Capital Territory (FCT), declared plans to order workers to sit at home if in seven days the Federal Government fails to address current cash crunch.

Ajaero, who spoke at the end of an emergency meeting of the Central Working Committee of the NLC, submitted that Nigerians had suffered enough from the cashless policy of the Central Bank of Nigeria (CBN).

“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.

Lamenting difficulties being experienced in procuring products at fuel stations, he said: “At fuel stations where there is petrol, it sells for as much as N350 a litre in some parts of the country.

“We will no longer be quiet about this issue of perennial fuel scarcity and arbitrary increase in prices.’’

On the on-going state council elections of the NLC, Ajaero accused some state governors of allegedly interfering with the process.

“Some state governors now dictate to the NLC through the chairmen in those states,” he said.

Alleging that a Governor in one of the states in the South-East geopolitical zone openly campaigned that NLC members should vote for a particular candidate, the union leader explained that NLC’s attempt to resist the approach was met with the manhandling of its officers by suspected hoodlums allegedly engaged by the State Government.

Ajaero said: “They disrupted our election in that state. Our State Secretariat has been destroyed by thugs sent by the Governor.

“The thugs took over that place for three months. The State Chairman of the NLC was driven out of the state.”

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