Economy And Business

BREAKING: FG Arrests NLC Nationwide Strike Threat

FG has arrested NLC Nationwide Strike threat.

 

NewsOnline reports that the Minister of Labour and Employment Chris Ngige has assured the threat of protest by the Nigeria Labour Congress (NLC) against the Central Bank of Nigeria (CBN) over naira scarcity has been arrested.

 

This online newspaper recalls that the NLC gave the Federal Government a seven-day ultimatum to cause the CBN and the commercial banks to end the cash scarcity, failure of which it warned of a nationwide protest and the picketing of the apex bank’s branches.

 

But appearing on the weekly Ministerial Briefing organised by the Presidential Communication Team at the State House, Abuja, the Minister of Labour and Employment, Ngige said dialogues, coordinated by his ministry, took place making the CBN take steps to remedy the situation.

 

ALSO: Boris Johnson Urges Nigerian Leaders To Allow People Freely Choose Those to Lead Them

 

The Minister, who was accompanied by the Minister of State for Labour and Employment, Festus Keyamo, and other senior officials of the Ministry, said as at the moment, the issue to be discussed by NLC in its National Executive Council meeting would no longer be issues of protest, which he said had already been apprehended.

 

“Now they have all answered our calls because we are the Chief Conciliators. In my opening remark, I said I’ve noticed that there’s already a dialogue going on and there’s also implementation and the Nigerian Labour Congress agreed that there was some thawing at the surface of the icing that was there.

“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. 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’re see, they will come back to me and I’ll 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’s 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,” he assured.

Details Shortly…

 

 

 

 

NewsOnline Nigeria

Recent Posts

  • Exchange Rates
  • Top Stories

Customs Import Duty Exchange Rate Surges Above Official Rate to N1,441/$

Customs Import Duty Exchange Rate has surged above the official rate to N1,441/$.   NewsOnline…

6 hours ago
  • Headline

BREAKING: Governors Disagree with FG on Minimum Wage Hike

   Nigeria Governors’ Forum has disagreed with the FG on the Minimum Wage hike for…

6 hours ago
  • Crime Watch
  • Headline

BREAKING: EFCC Under Pressure To Reopen Tinubu Minister, Matawalle’s Probe

EFCC has come under pressure to reopen Tinubu Minister, Matawalle’s probe.   NewsOnline Nigeria reports…

6 hours ago
  • Crime Watch
  • Top Stories

CISLAC, YIAGA, CODE, CDD, and 45 Other CSOs Unite Against Harassment of Anti-Graft Agencies

CISLAC, YIAGA, CODE, CDD, and 45 other CSOs have united against the harassment of anti-graft…

11 hours ago
  • Economy And Business
  • Headline

President Tinubu Policies Averted Economic Collapse In Nigeria – Shettima

Shettima has stated that President Tinubu Policies averted economic collapse in Nigeria.   NewsOnline Nigeria…

11 hours ago
  • Crime Watch
  • Headline

BREAKING: EFCC Launches Probe Into Schools Charging Tuition In Dollars

EFCC has launched a probe into schools charging tuition in dollars.   NewsOnline Nigeria reports…

11 hours ago