Naira scarcity: Emefiele begs NLC to shelve protest

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

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

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

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

An official of the ministry, who spoke on condition of anonymity said Emefiele promised to ensure that all commercial banks were given enough cash from the CBN’s vault.

He said, “You would notice that the CBN had since last Friday directed commercial banks to open during weekends so as to ease the issue of cash crunch. The governor (Emefiele) was here to talk to the Minister in order to prevail on the labour leaders.

“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.”

None of them 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 said he would brief the press on Tuesday on the outcome of the meeting.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.