Naira swap policy: NLC goes on nationwide strike

Comrade Joe Ajaero, President of the Nigeria Labour Congress (NLC), has directed public sector workers in the country to commence a nationwide strike from Wednesday, next week.

Coming on the heels of an earlier ultimatum issued by the Central Working Committee (CWC) members of the NLC, last week, with regard to the cash swap policy of the Federal Government, the labour leader also put affiliate unions on standby for picketing exercises across all branches of the Central Bank of Nigeria (CBN), nationwide.

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He said it had became imperative to picket the CBN branches since the Federal Government and the CBN have not commit to addressing the situation.

He bemoaned that even as the Supreme Court ordered the simultaneous ci of both old and N500 and N1,000 notes till December 31 this year, the situation seemed to be getting worse, as workers can neither get money for  fares to work nor  buy food for their families.

Briefing reporters on Wednesday at the headquarters of NLC, Ajaero said: “Last week, we gave an ultimatum for the review of the cash crunch bedeviling the country, but we have discovered to our dismay that as at this moment not much effort has been made to ameliorate the situation, the government is still foot dragging on these issues we raised.

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“Based on this, we met again this morning to review our position and resolved that by Wednesday next week, all CBN branches will be picketed.

“Workers are directed to stay at home too because people cannot eat, workers can no longer go to the office, we have been pushed to the wall, we have decided to take our destiny in our hands, we have mobilised our workers for this exercise.”

Comrade Joe AjaeroNigeria Labour Congress
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