NLC RECONSIDERS STRIKE AS CBN OPENS VAULT TO BANKS

From Lagos to Enugu and Kano to Port Harcourt, there seems to be a breather, at last, for cash-strapped Nigerians, as part of the hitherto withheld banknotes made their way to Automated Teller Machines (ATMs) and banking halls for those who need cash for transactions.

The gradual easing could force the Nigeria Labour Congress (NLC), which had planned an industrial action on Wednesday to protest the naira scarcity, to retreat.

The National Executive Council (NEC) of the Congress will be meeting on Tuesday to reassess and review cash availability across the nation and finalise its strategies. President of the NLC, Joe Ajaero, disclosed this to The Guardian, yesterday.

Ajaero said the NEC of the NLC would meet tomorrow to review the situation and compliance by banks to alleviate the sufferings Nigerians are currently going through over the naira scarcity.