Why NLC suspended strike
THE Nigeria Labour Congress, NLC, has given reasons for the suspension of its planned nationwide indefinite strike over the scarcity of naira notes across the country. NLC had planned to begin an indefinite stay-at-home strike and picketing of the Central Bank of Nigeria, CBN headquarters, and its branches across the country from yesterday over the CBN's Currency Redesign policy that had inflicted pains on Nigerians and businesses. Leaders of NLC however suspended the planned industrial action after a meeting of its National Executive Council, NEC, meeting Tuesday. Giving reasons for the suspension, President of NLC, Joe Ajaero, in a statement, informed that CBN engaged leaders of NLC twice before the seven day strike notice expired where NLC "demanded that certain measures be taken to make cash available to all Nigerians. Some of these measures were our insistence on Saturday and Sunday full banking services until a healthy cash situation is restored and the expansion and d...