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CBN Gov. Pleads With NLC To Shelve Plans Protest Over Naira Scarcity

ByEditor

Mar 27, 2023

The Central Bank of Nigeria, Governor, Godwin Emefiele has appealed to the Minister of Labour and Employment, Chris Ngige, to prevail on the leadership of Nigeria Labour Congress (NLC) over its planned protest slated for Wednesday.

Recalls that the leadership of NLC had last Friday mobilised its affiliate unions and the State Councils to shut down offices of the apex bank nationwide over current cash scarcity in the country.

But at a closed-door meeting which held at the headquarters of Ministry of Labour and Employment in Abuja, Emefiele was quoted as saying the protest would hinder the progress of the apex bank if not averted.

The President of NLC, Joe Ajaero led other Labour leaders while Emefiele led the apex bank officials to the meeting that was later presided over by the Minister.

READ ALSO: JUST IN: Old Naira Notes Remain Legal Tender Till December 31 — CBN

An official of the ministry, who attended the meeting told Daily Trust anonymously that Emefiele promised to ensure that all commercial banks were given enough cash from the CBN’s vault.

“He (Emefiele) said the protest will disrupt a lot of things in the bank, hence his reasons to heed the minister’s call who is a Chief conciliator”, the official said.

None of the trio spoke to journalists after the closed-door meeting.

A statement is yet to be issued either by the apex bank or the ministry regarding the meeting as at when filing this report last night.

But the NLC President in a formal invitation to journalists said he would brief the press on Tuesday regarding the outcome of the meeting.

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