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Labour Tackles CBN, Says Withdrawal of Naira Notes Killing The Economy, Directs Workers To Stay At Home

 

 

 

NLC, CBN logo

 

 

By Our Reporter

 

The leadership of the Nigeria Labour Congress on Wednesday directed all workers to protest at all the offices of the Central Bank of Nigeria nationwide starting next week over the current cash crunch in the country.

The NLC President, Joe Ajaero, who gave the directive at a press briefing held at Labour House in Abuja, said the directive became imperative following the expiration of a one-week ultimatum given to the apex bank to make cash available for Nigerians.

He added that the CBN’s policy to withdraw naira from circulation does not make economy sense.
He said he would ask workers to stay at home until the naira notes are made available.

The NLC President had given the CBN and commercial banks a one-week ultimatum to make naira notes available to workers and Nigerians to reduce their sufferings.

Ajaero noted that the policy of the CBN to withdraw money from circulation lacks economic sense as it is crippling the economy of the country.

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