Business
Strike over naira scarcity won’t hold, says Ngige
Minister of Labour and Employment, Chris Ngige, says the federal government has started a conciliatory move with the Nigeria Labour Congress (NLC) over the union’s threat to embark on an industrial strike.
Recall that the NLC had issued a seven-day ultimatum to the federal government to end the petrol and cash scarcity being experienced in the country.
Following the ultimatum’s expiration, the union directed public sector workers in the country to embark on strike. The strike is billed to commence on Wednesday.
Speaking on Tuesday at the weekly ministerial briefing at the state house in Abuja, Ngige said there is an ongoing dialogue regarding the issue, adding that the government has “apprehended” the situation.
The minister also noted that the CBN has taken steps to address the naira scarcity situation.
READ ALSO: Why Naira scarcity may linger
He said the NLC’s national executive council will have a meeting today to “review the situation” and chart a way forward.
“They said they will call up their national executive council meeting because the initial decision to give that ultimatum was given by this same council,” Ngige said.
“Members of the council reside in the states and in the local governments so they will come up today, which is Tuesday, the 28th, to review the situation because much as it is, the important thing is that we have emphasised to them that we have apprehended this dispute.
“By section 7:8 of trade dispute act, once the minister apprehends and starts conciliation on it, you maintain status quo ante bellum. So they have gone back now to review the situation. If they’re not satisfied with what they see, they will come back to me and I will invite the CBN again.
“But for now, the issue of discussion is no longer strike, the issue of discussion is implementation and how far it is gone and how far it affects Nigerian workers and the general population.
“So that is it, the final decision will be done today by NEC and they will then do a resolution, of course, inform me and CBN what their resolution is. But like I said, we have apprehended and we are now conciliating.”
-
Business3 days agoOPay explains how Nigerians can access FG’s N50,000 monthly cash relief
-
Sports7 days agoSenegal opens Dakar 2026 Youth Olympic Games, Africa’s first Olympic event
-
Latest7 days agoFG Announces N50,000 cash support for vulnerable Nigerians under new relief programme
-
Business7 days agoNNPC’s N66-per-litre petrol discount set to end October 31
-
Latest6 days agoINEC recognises Pantami for Gombe, keeps Kano NDC candidate off final list
-
Latest1 week agoNetanyahu, Eisenkot face coalition deadlock as Israel struggles to form new government
-
Latest7 days agoNDC Chieftain tells Atiku to drop presidential ambition over son’s support for Tinubu
-
Crime7 days agoDoris Ogala remanded as Court adjourns bail hearing to November 6


