The 13th quadranial Delegates Conference of the Nigeria Labour Congress NLC has opened in Abuja the nation’s capital.
The two days event which will see the emergence of new leadership for the umbrella body is being attended by the Vice President of Nigeria, Professor Yemi Osinbajo, diplomats and other dignitaries.
Welcoming the guests, out going President of NLC, Ayuba Wabba, called on the Nigerian Government to as a matter of urgency address what he called the lingering hardship brought on Nigerans by the new naira design policy of the government.
He said that many Nigerian masses can neither buy or sell for lack of availability of the new notes or even accessing the old ones blaming the development on poor implementation of the policy.
“What we are witnessing in Nigeria presently is that you have your money in the bank, yet you cannot access it because your bank where you kept your own money cannot give it to you.
“In other climes, when there a new currency design policy, the old note remains a legal tender side by side the new notes until the last old note enters the bank, but our case is different….” Wabba said.
He said that Nigeria’s leadership must recognise and accept that the nation’s economy was rural in nature and must be taken into consideration while considering any financial policy.
Details later….
Confidence Okwuchi
