• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, July 16, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NLC to picket CBN over lingering crisis of cash crunch

Naira

The Matters Press by The Matters Press
March 23, 2023
Reading Time: 2 mins read
0
Minimum wage a reality – Labour

NLC

The Nigeria Labour Congress (NLC) has said it would picket all Central Bank of Nigeria (CBN) offices nationwide on March 29, following the continued cash crunch.

RELATED POSTS

17-member committee for burial of Buhari

Lagos falls flat to APC

Nigeria celebrates Soyinka at 91

Mr Joe Ajaero, the NLC President, said this in Abuja on Wednesday, while addressing newsmen at the end of the Congress’s Central Working Committee (CWC) meeting.

It would be recalled that the NLC’s CWC had on March 13, issued the Federal Government a seven-day ultimatum that expired on March 20 to address current cash crunch.

According to Ajaero, consequently, the CWC-in-session resolves to go into the process of actualising the one week notice.

“From Friday, there will be mobilisation of all state councils through a National Executive Council 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 bank, from its headquarters will be shut till further notice. Workers are directed to stay at home and join in the picketing,’’he said.

The NLC president, however, recalled that the CWC gave a one week ultimatum for the government to address immediately, among others, issues of cash crunch that was caused by the policy.

He said that as at Wednesday morning, when the CWC met again to review the situation, it discovered that not much improvement had been made.

“The situation is still almost the same. People are still buying our currency with our currencies, ‘’he said.

The NLC president noted that people could no longer assess the currency, adding, “the government seems to be very adamant on this’’.

He further said that no move had been made to reduce the suffering of Nigerians.

“We call on Nigerians to understand the circumstances we are operating in. People will be telling you about the political situation.

“The political situation is self-inflicted and the economic situation is worse than the political situation because people cannot eat. 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 can address the situation which is still not addressed,” he said.

Ajaero added that the workers have decided to take their destiny in their hands saying, ” so comrades, the mobilisation commences immediately and when we talk of action from Wednesday, it’s total until further notice”.

Tags: NairaNLC
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Buhari attends inauguration of Barrow of Gambia
Entertainment/sports

17-member committee for burial of Buhari

July 14, 2025
Lagos falls flat to APC
Economy/Technology

Lagos falls flat to APC

July 13, 2025
African intellectuals release letter to world, caution continent on selfness
Economy/Technology

Nigeria celebrates Soyinka at 91

July 13, 2025
China introduces new visa
Economy/Technology

Nigeria maintains issuance of 5-year visa to Americans

July 13, 2025
ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP
Energy

ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP

July 10, 2025
Babangida Aliyu’s Exit from ADC, a testament to Coalition’s deceitful recruitment- Group
Economy/Technology

Babangida Aliyu’s Exit from ADC, a testament to Coalition’s deceitful recruitment- Group

July 10, 2025
Next Post
Cash, petrol scarcity create food crisis in Nigeria

Cash, petrol scarcity create food crisis in Nigeria

Food shortage: Nigeria bans foreigners from direct purchase of produce from farmers

Foodstuff dealers lament low sales as Ramadan starts

Recommended Stories

SEPCOL’s oil field fire put out

SEPCOL’s oil field fire put out

February 7, 2022
SMEDAN to disburse N5.2m start-up grants to cooperatives

SMEDAN trains PWSAs on business marketing

October 18, 2023
Eswatini for $140m Afreximbank’s credit

Afreximbank urges Nigeria, businesses to drive Intra-African trade

September 11, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • 17-member committee for burial of Buhari
  • Lagos falls flat to APC
  • Nigeria celebrates Soyinka at 91

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us