NECA slams CBN over naira crunch, urges NLC to shelve planned strike

The Nigeria Employers Consultative Association (NECA) on Thursday advised the Nigeria Labour Congress (NLC) to shelve its planned strike against the prevailing naira scarcity to avoid worsening the country’s economy.

The Director General of NECA, Mr. Adewale-Smatt Oyerinde, who gave the advice at a press conference, said any industrial action at the moment would be counter-productive.

The national leadership of NLC had resolved to embark on a nationwide strike Wednesday next week over the lingering scarcity of cash across the country.