Skip to content
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
Download Magazine
NLC Gives FG 7-Day Ultimatum to End Currency, petrol crisis
  • March 13, 2023
  • Unity Times

Nigeria Labour Congress (NLC) has given the federal government one week ultimatum to resolve the issues causing the prolonged scarcity of naira notes and petrol.

Addressing journalists in Abuja Monday, on the decision of the Central Working Committee of the NLC,  its leader Comrade Joe Ajaero, said that the labour movement has observed with regret the sufferings the workers and Nigerians have been subjected to by the cash squeeze resulting from government’s naira redesign policy and has resolved to issue a seven-day ultimatum to the federal government to end the cash crunch or workers will stay away from duty nationwide.

Grow your business with us

While briefing newsmen on the position of labour, Ajaero said: “The :Congress wishes to inform the federal government that we will no longer keep quiet to this issue of perennial fuel scarcity and arbitrary increase of petroleum products prices.

“On the issue of cash crunch, the NLC is giving the Federal Government of Nigeria, the agencies of government including the Central Bank of Nigeria, and top banking institutions, seven working days to address the issue of the cash crunch.

“If they fail to do this at the expiration of the seven days, the Congress is directing all workers in the country to stay at home because it has become very difficult to even access one naira to enter vehicles to your workplace.”

Ajaero said that it has become very difficult to buy goods, especially from traders who don’t have bank accounts.

“This is the situation we have found ourselves. The federal government came out with the policy that even the old currency are still valid. What we have discovered is that even when the banks give you those old currencies, the traders are not accepting it. And even when you take it to the same banks, the banks are not accepting it either. We are being frustrated to a level that we can no longer keep quiet,” he said.

On the political situation in the country, NLC urged all gladiators to remember that the interest of this country is paramount to all and that they should do everything reasonably possible to make sure that the system is maintained.

It also cautioned the judiciary to ensure that justice is done to the complaints by the aggrieved ones.

“The courts are there where they will take their matters to and we urge the courts to do justice to the issues brought to them,” he said.

Previous
Next
Share the Post:
Grow your Business
Grow your business with Us
Subscription Ads
Related Posts

U.S. orders evacuation of Abuja embassy staff, raises fresh security concerns

Anietie Udobit, Abuja The United States Department of State has ordered the evacuation of non-essential personnel and family members from

Read More

Opposition heavyweights meet in Abuja, weigh alliance ahead of 2027 polls

Anietie Udobit, Abuja Top figures from Nigeria’s opposition landscape converged in Abuja in a high-stakes meeting that could reshape the

Read More

Fragile truce rattled as Israel strikes Lebanon, Iran hits Gulf targets

Anietie Udobit,Abuja Hopes of calm in the Middle East were quickly shaken as fresh violence erupted despite a ceasefire agreement

Read More

Join Our Newsletter

Unity Times
Facebook-f Twitter
  • U.S. orders evacuation of Abuja embassy staff, raises fresh security concerns

    U.S. orders evacuation of Abuja embassy staff, raises fresh security concerns

    April 9, 2026 Breaking News, International News, National, News, Security
  • Opposition heavyweights meet in Abuja, weigh alliance ahead of 2027 polls

    Opposition heavyweights meet in Abuja, weigh alliance ahead of 2027 polls

    April 9, 2026 Breaking News, National, News, Politics
  • Fragile truce rattled as Israel strikes Lebanon, Iran hits Gulf targets

    Fragile truce rattled as Israel strikes Lebanon, Iran hits Gulf targets

    April 8, 2026 Breaking News, Business, International News, Security
Get In Touch

Block 4, Wuse ll,

Abuja Nigeria

  • Email: office@unitytimesonline.com
  • Phone:
  • Hours: Mon-Fri 9:00AM - 5:00PM

© 2026 All Rights Reserved.