JUST-IN: NLC To Call Off Planned Nationwide Strike, Says Ngige

The Minister of Labour and Productivity, Chris Ngige has revealed that the leadership of the Nigeria Labour Congress (NLC) has agreed to call off its planned strike action to protest against the naira redesign policy of the Central Bank of Nigeria (CBN).

The Labour Minister disclosed this during the 72nd session of the State House Briefing on Tuesday in Abuja.

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He said that the government had to intervene against the picketing of the CBN because if the union commenced with the strike action alongside the ongoing cash crunch, the economy will crumble.

The NLC through the leadership of the Congress Joe Ajaero had called for nationwide strike action against the Central Bank of Nigeria (CBN) over the persisting cash crunch.

On Monday, Ajaero met with the Apex bank boss Godwin Emefiele and the labour minister to discuss the intended strike action against the CBN.

Ngige during the state briefing said that “The NLC is in deliberation with the National Executive Council (NEC) today, the deliberations which I believe will give the outcome of the meeting held yesterday with the CBN.

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“I am optimistic that there will be no strike because the NLC is no longer on the quest of the strike but on the implementation of the naira redesign policy.”

The Labour Minister also revealed that the NLC had warned the CBN of going back to the agreement of providing cash and making it flow across the system, stating that any development outside this agreement will make the congress embark on an indefinite strike by Friday.

He also said that the congress urged the CBN to improve on their information services which could have averted the strike action.

Ngige said that Emefiele agreed to pump more cash into the system, assuring that Nigerians will not have to experience cash scarcity as a result of the naira redesign policy again.

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