The leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have shifted it’s planned strike over the cash crunch Policy.
The Unions have however given the Federal Government and the Central Bank of Nigeria a grace period of two weeks to further monitor the level of complaince of cash disbursement through commercial banks.
NLC President, Joe Ajaero who announced the new resolution after Congress National Executive Council meeting in Abuja said the extension followed consultations with affiliate members of both unions over the cash crunch policy and the response so far.
NLC had issued an ultimatum to go on strike beginning from Wednesday, nationwide, part of which included a plan to picket the various branches of the Central Bank of Nigeria.