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Labour shelves strike, gives CBN fresh two-week ultimatum

The Nigeria Labour Congress and the Trade Union Congress have suspended their planned strike earlier slated for Wednesday to protest the scarcity of naira notes.

The two unions said they would monitor the availability of cash in commercial banks for two weeks before deciding on the next line of action.

Presidents of NLC, Joe Ajaero and TUC, Festus Osifo, said this during a joint press conference on Tuesday in Abuja at the end of their National Executive Council meetings.

Ajaero said after receiving briefings from the union’s state councils in the 36 states and the Federal Capital Territory, the NLC decided to defer the planned stay-at-home directive issued to workers last week.

The TUC president gave assurance  that the union would continue to protect the interest of workers and Nigerians.

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