NLC

The National Executive Committee (NEC) of the Nigeria Labour Congress (NLC) will on Tuesday (today) meet to take a decision on the planned nationwide strike, slated for Wednesday.

The development was sequel to a crucial meeting held in Abuja on Monday between the Minister of Labour and Employment, Chris Ngige, the NLC and the Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele.

The meeting was part of the steps by the stakeholders to avert the impending nationwide strike of the NLC on Wednesday.

TheIdeal News recalls that the labour union had threatened to embark on the nationwide strike , if the cash crunch, fuel scarcity and electricity tariff increase were not addressed by the Federal Government.

Responding to the strike threat by the NLC, Ngige invited the leadership of the NLC and the CBN management to a meeting in his office on Monday, to resolve their differences.

The 10-man delegation of the NLC was led by its President, Joe Ajaero, and the General Secretary, Emmanuel Ugboaja, while the CBN Governor, Godwin Emefiele, was accompanied by two Deputy Governors, Kingsley Obiora (Economic Policy) and Ade Shonubi (Organised Private Sector).

In his opening remarks, Ngige refuted the allegation by the NLC that his ministry did nothing about the matter.

He added that on receiving the letter from NLC, he forwarded same to the CBN Governor before travelling out of the country for an International Labour Organisation Governing Board meeting and directed the Permanent Secretary and Trade Union Services and Industrial Relations Department to follow up.

Ngige further claimed that he held a meeting with NLC president, which he said resulted in the large volume of funds made available to the deposit money banks.

But Ajaero urged the CBN to improve on its services, saying that it is regrettable that the CBN did not consult the stakeholders before embarking on the naira redesign policy.

He added that the CBN created information gap in the implementation of the policy, saying that the timing of the policy was wrong.

Ajaero said, “The NLC could not have stopped CBN from taking good decisions and implementing them in the interest of the nation.

If stakeholders were invited and briefed on the policy, when the people complain, NLC would explain everything to them. But in this case, the CBN did it alone. Moreover, it is a wrong time for administering such a national policy.”