Economy
Inflation: NLC threatens to embark on nationwide protest
The Nigeria Labour Congress (NLC) says it will on 27 and 28 February carry out a nationwide protest against the economic hardship being experienced in the country.
The NLC President, Joe Ajaero, disclosed this on Friday during a press conference at the Labour House in Abuja.
Mr Ajaero explained that the decision to go on a protest was taken after the expiration of the 14-day ultimatum earlier issued to the federal government over the nationwide hardship.
Last week, both the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) issued a two-week ultimatum to the federal government to address the food crisis or face mass protests.
In a joint statement, the NLC and TUC said they are concerned about the “non-implementation of the 16-point agreement reached with the Federal Government on October 2, 2023.”
“These agreements which were reached with the federal government were focused on addressing the massive suffering and the general harsh socioeconomic consequences of the ill-conceived and ill-executed IMF/World Bank induced hike in the price of PMS and the Devaluation of the Naira.
“Constrained by this development and recognizing the urgency of the situation and the imperative of ensuring the protection and defence of the rights and dignity of Nigerian workers and citizens, the NLC and TUC hereby issue a stern ultimatum to the Federal Government, to honour their part of the understanding within 14 Days from tomorrow, the 9th day of February, 2024”.