The leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have extended their strike ultimatum it earlier issued the federal government for two more weeks, following consultations with their affiliate unions over the cash crunch policy.
The decision was announced on Tuesday, after a meeting with the National Executive Council members.
Recall that the NLC had issued an ultimatum to go on strike beginning from Wednesday, nationwide, part of which was a plan to picket the various branches of the Central Bank of Nigeria.
It is, however, not clear whether a meeting summoned by the Minister of Labour and Employment, Chris Ngige between the leadership of the NLC and CBN prompted the decision to extend the ultimatum for an additional two weeks.
President of the NLC, Joe Ajaero had admitted that the cash crunch situation had improved considerably but that they need to monitor the compliance of cash disbursement through the commercial banks for two more…
