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Naira scarcity: FG, NLC agree to halt planned strike – Chris Ngige

Following threats by the Nigeria Labour Party (NLC) to embark on a nationwide strike and picket Central Bank of Nigeria (CBN) branches across the country, the Minister of Labour and Employment, Dr. Chris Ngige, has said that the dispute has been resolved and that the planned strike action would not hold.

Recall that the NLC had vowed to protest following the cash crunch in the country that has lasted for months.

But speaking at the 68th Ministerial Weekly Briefing, Tuesday, in Abuja, Dr. Ngige recalled that a meeting between the two parties was summoned, on Monday.

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He said during the meeting, the union affirmed that there has been a reprieve on the cash crunch particularly after the CBN weighed in over the weekend.

The minister is, therefore, confident that the central issue is no longer that of strike but implementation as a final decision is awaited at the end of their NLC executive council meeting today.