The Nigeria Labour Congress (CBN) is scheduled to hold its National Executive Council (NEC) meeting Tuesday to take a decision on the planned industrial action in the wake of Naira redesign policy, and its impact on the economy and populace.
Meanwhile, the national leadership of the Congress met with the Minister of Labour, Chris Ngige, and CBN Governor, Godwin Emefiele, on Monday, to discuss issues regarding the situation.
NLC had earlier issued a 7-day ultimatum to the Federal government over the biting consequences of Naira crunch in the country and threatened to go on strike if it is not resolved.
The outcome of the meeting held in Abuja, according to Labour Ministry Public Relations Officer, Olajide Oshundun, might suggest a discontinuation of the planned strike.
In his remarks, Ngige noted that the ministry had been taking significant steps regarding the development.
Emefiele, who confirmed that the apex bank had made enough naira notes available to commercial banks, said the situation had been mitigated.
Speaking on behalf of Nigerian workers, Ajaero faulted the CBN for not keeping necessary stakeholders informed about the policy.
He also urged the CBN to improve on their services while regretting the information gap created in the implementation of the Naira Redesign.
“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,” Ajaero was quoted as saying.