NLC Threatens Strike Action Over Fuel Scarcity

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The Nigeria Labour Congress, NLC, has issued a seven-day ultimatum to the Federal Government over the naira scarcity in the country.

NLC President, Joe Ajaero, gave the ultimatum at the opening session of the Central Working Committee meeting of the labour union.

Ajaero, warned that on the expiration of the seven days, workers would be directed to stay away from work if nothing was done to ameliorate the situation.

The President condemned the fuel scarcity in the country, noting that workers and Nigerians were being pushed to the wall.

Written by: Helen Obih

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CBN Okays Use of Old naira Notes

he Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin disclosed this in a statement on Monday. This is coming 10 days after the Supreme Court ruled that old naira notes should co-exist with new ones till the end of the year. The highest court of the land had […]

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