The organised labour in Nigeria has suspended for two weeks its planned industrial action against the Central Bank of Nigeria CBN, scheduled to kick off Wednesday.
Addressing the media in Abuja on Tuesday during a joint press briefing, the Nigeria Labour Congress NLC and the Trade Union Congress TUC said the suspension was based on the positive response by the apex bank to their demands.
The NLC President, Joe Ajaero, said that the two weeks grace was to monitor the level of compliance by the CBN as well as the sustainability of the compliance.
Read: Naira Scarcity: Labour Union To Picket CBN Offices
According to the two labour umbrella bodies, workers are happy with the level of response so far by the bank to ease the sufferings of the people trying to access their money in banks.
Workers had threatened to picket the headquarters of the CBN and its branches nationwide in protest of the new naira notes monetary policy which has caused hardships for the citizenry.
Emmanuel Ukoh
