the Nigeria Labour Congress (NLC) has postponed its planned industrial action for two weeks in order to monitor the compliance of the Central Bank of Nigeria (CBN) with regards to the cash crunch crisis in the country.
The decision was made in response to the level of compliance of banks in making cash available to Nigerians, and the NLC and TUC will meet again after two weeks to check the sustainability of cash flow in the country.
The NLC chairman, Joe Ajaero, made the announcement while addressing the journalists in Abuja on Tuesday, he advised the CBN to put measures in place to ensure that Nigerians have easy access to cash for their daily activities.
It will be recalled that the NLC had earlier announced a total shutdown of economic activities across the country starting on March 29 due to the persistent cash crunch crisis.