The Nigeria Labour Congress (NLC) on Wednesday directed all workers to protest at all the offices of the Central Bank of Nigeria (CBN) natio...
The Nigeria Labour Congress (NLC) on Wednesday directed all workers to protest at all the offices of the Central Bank of Nigeria (CBN) nationwide as from Wednesday next week over the current cash crunch in the country.
The NLC President, Joe Ajaero, gave the directive at a press briefing at Labour House in Abuja.
Ajaero said the directive became imperative following the expiration of a one-week ultimatum given to the apex bank to make cash available for Nigerians.
Ajaero said the mobilisation for the exercise will commence on Friday while the total shutdown of economic activities across the nation will begin next Wednesday.
On March 13, 2023, the NLC issued a seven-day ultimatum to the Federal Government, calling for immediate action to cushion the effect of cash crunch and fuel scarcity crisis, or face industrial action by Nigerian workers.
Ajaero said the industrial action became the last resolve of the Congress, having urged the Federal Government through different channels to take into consideration the severe hardship workers and Nigerian citizens are experiencing because of the persistent cash scarcity.
Ajaero explained that the union had taken the decision when it noticed that the situation was getting worse instead of better.
He noted that this was despite the Supreme Court order allowing the old N500 and N1000 notes to circulate with the new notes till December 31 this year.
Ajaero lamented that workers could no longer access cash to pay fares to their respective workplaces, neither could they buy food for their families.
He said, “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.
“The situation is still almost the same. People are still buying our currency with our currencies. People can no longer have access to the currency and the government seems to be very adamant on this. No moves have been made to reduce the suffering of Nigerians.
“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.
“By Wednesday, next week, all Central Bank of Nigeria offices nationwide will be picketed. All central banks from the CBN headquarters will be shut till further notice. Workers are directed to stay at home and join in the picketing exercise.
“We call on Nigerians to understand the circumstances we’re operating in. People will be telling you about the political situation. The political situation is self inflicted and the economic situation is worst than the political situation because people cannot eat.”
The labour leader described the proposed demonstration as “total”, saying the workers have been pushed to the wall.
He added, “Workers can no longer go to office and nothing is happening. So, we have been pushed to the wall having given one week and we thought they could address the situation which is not addressed.
“We have decided to take our destiny in our hands. So comrades, the mobilisation commences immediately and when we talk of action from Wednesday, it’s total! until further notice!", he said.
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