NLC URGES FG TO ADDRESS ISSUE OF CASH SCARCITY URGENTLY
The Nigeria Labour Congress (NLC) has called on the Federal Government to immediately intervene on the issue of cash scarcity across the country.
The call is contained in a communique jointly signed by NLC President, Joe Ajaero and the Secretary General, Emmanuel Ugboaja at the end of the National Executive Council (NEC) meeting held in Owerri.
The NEC in-session expressed concern over the persistent cash scarcity in Nigeria, describing it as an unfortunate and exploitative burden on the already struggling populace.
NEC noted that Nigerians are being forced to forfeit five per cent of their funds each time they access cash, an unacceptable situation that exacerbates the economic woes faced by millions.
The communique also demanded that the tax bill currently before the National Assembly be halted for broader consultation and meaningful engagement with Nigerian workers.
He said that the politicization of the bill and alienation of key stakeholders was worrisome and robbed it of its capacity as an effective tool to revamp the economy.
