TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Naira scarcity: Nigerians reaching breaking point – NLC warns

The Editor by The Editor
February 7 2023
in Headlines, Latest News
A A
0
Nigeria at critical juncture – Vanguard

The President of the Nigeria Labour Congress (NLC), on Tuesday, decried the level of hardship workers and Nigerians are experiencing in the country due to scarcity of the naira and petrol.

Wabba noted that the NLC was restraining itself from taking drastic steps that may sabotage the February 2023 general elections.

The labour leader spoke at the Congress’s 13th National Delegates’ Conference held at the International Conference Centre, Abuja.

According to him, “this conference is taking place at a time when many Nigerians and workers are being pushed to the wall or into chaotic situations in our banks and filling stations. Nigerians are queuing up endlessly to assess the new currency notes and PMS. This is certainly not acceptable, and it is condemnable.

“We have more than enough to actually address those two issues. First, we are a major oil-producing country. And therefore we are the only country in the world that is a member of OPEC that still depends on importation. Secondly, we don’t understand the rationale that you lodge your money in your bank account and you are limited from withdrawing what you want to use. No economy in the world has practised this economic model. People forget that our economy is rural and informal, and therefore people need to transact business in cash. Go to our local markets, our commodity markets, you will see people transacting business actually in cash. These policies if not addressed within the shortest possible time, nobody can predict what will be the outcome. Yesterday, I trekked until almost midnight. I went actually to get some funds in the POS. All the ATMs in area eleven were not dispensing. We have seen a situation where people are protesting in banks. They want to access their money, yet they can’t access the money. There is a theory that possibly we’re also working towards making sure that the forthcoming election does not take place in an atmosphere of peace and tranquillity. And that’s why Labour had restrained itself to make sure that we’re able to have a peaceful transition.

He called for swift intervention to address the situation, lamenting that those living in cities such as Abuja are now forced to send money from their limited funds to friends and relations in the villages.

The vice-president of Nigeria, Professor Yemi Osibanjo, in his remarks at the occasion, commended the Union for remaining resolute and united in its struggles, stating that politicians banking on feeding on the people’s division were living in the past.

“The NLC is a key stakeholder in our quest for national progress and I believe that it deserves commendation for maintaining this tradition of hosting the delegate’s conference over the years, and taking on the complex plethora of issues that would shape the future that we want for ourselves, our children and for the coming generations.

“This is one of the reasons why the NLC is such an important institution. It is precisely because your members are united by shared vocations as working-class Nigerians, an occupational identity that cuts across lines of the ethnicity of religion and gender. The Congress is a veritable Pan-Nigerian institution. This is a critical edge that the NLC must not lose. The fact is that despite the busy rhetoric of demagogues, and the utterances of those who profit from disharmony, Nigerians do not hate each other. Every day, millions of Nigerians are united by their common causes and problems and common issues. That’s a common cause and forge friendships across several fault lines, departments or businesses to engage in philanthropy, and to advance their political goals. They are trading, intermarrying, and migrating across this guidance to better livelihoods, in our markets in our motor parks. In Nigeria, identity has emerged that transcends ethnicity and religion. Politicians, who continue to traffic it in division and discord are behind the times and have failed to take note of how much more integrated our society has become. I submit to you that it is the elite of our leisure that must adjust themselves to this reality accordingly. We are obviously not as united as we shouldn’t be, but national integration is a journey. And we’re further along that journey.”

He further urged the union to assist in the mobilisation of citizens to obtain their Permanent Voters Cards (PVCs) to vote in the on-coming election.

Previous Post

2023: You’re disrespectful to northern elders – Arewa group tackles El-Rufai

Next Post

Nigerians have suffered a lot, says Peter Obi

Related Posts

2027: Why I can’t step down for Atiku – Peter Obi
Latest News

2027: Why I can’t step down for Atiku – Peter Obi

September 11 2026
NDC candidates sign affidavits as party moves against defections
Latest News

2027: NDC wins logo war, secures INEC approval

September 11 2026
FG reopens all 47 unity schools, reaffirms commitment to students’ safety
Headlines

Nigerian students to get free 100MB data to access educational platforms

September 11 2026
Political thugs block Peter Obi’s convoy into Benue
Headlines

Political thugs block Peter Obi’s convoy into Benue

September 8 2026
FG closes 1st Niger Bridge for repairs
Latest News

FG closes 1st Niger Bridge for repairs

September 8 2026
Unsafe Foods: Unbranded palm oil, fufu outside our direct oversight, says NAFDAC
Latest News

Unsafe Foods: Unbranded palm oil, fufu outside our direct oversight, says NAFDAC

September 8 2026
Next Post
Peter Obi vows Bauchi oil for northern devt

Nigerians have suffered a lot, says Peter Obi

Gov. Umahi inaugurates Ebubeagu security outfit in Ebonyi

Police warn against deploying Ebubeagu operatives for elections

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

by The Editor
August 24 2026
0

...

APPOINTMENTS

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

ODDITIES

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

Umahi files N2.5b defamation lawsuit against bloggers

Umahi files N2.5b defamation lawsuit against bloggers

by The Editor
August 26 2026
0

GLOBAL NEWS

US, Israel, Iran agree to 2-week ceasefire as Trump pulls back on threats

US Appeal Court affirms block on Trump bid to curb mail-in ballots

by The Editor
September 11 2026
0

...

Trump promises Americans $5,000 if Republicans win Congress

Trump promises Americans $5,000 if Republicans win Congress

by The Editor
September 11 2026
0

...

UK bans trade in goods from Israeli settlements in occupied West Bank

UK bans trade in goods from Israeli settlements in occupied West Bank

by The Editor
September 8 2026
0

...

Iran President thanks Putin for Russia’s stance in war with US

Iran President thanks Putin for Russia’s stance in war with US

by The Editor
September 1 2026
0

...

Saudi Arabia halts multiple visas for Nigeria, 13 others as U.S. suspends visa dropbox

US outlines two family visa options for permanent residence

by The Editor
September 1 2026
0

...

State of the States

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Gov. Mutfwang convenes security council over Plateau attacks

Gov. Mutfwang convenes security council over Plateau attacks

by The Editor
September 2 2026
0

...

Enugu govt gets commendation for successful hosting of 2nd City Marathon

Enugu govt gets commendation for successful hosting of 2nd City Marathon

by The Editor
September 1 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

September 11 2026
NCDC takes over Nasarawa office, plans N400m remodeling

NCDC takes over Nasarawa office, plans N400m remodeling

September 11 2026
Ondo LG shuts schools over security concerns

24 die after consuming herbal drinks in Ondo

September 11 2026
Gunmen kill Polaris Bank manager in Imo kidnapping attack

Gunmen kill Polaris Bank manager in Imo kidnapping attack

September 11 2026

EDITORIAL REVIEW

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Interstate highways of agony, hollow excuses – Punch

Interstate highways of agony, hollow excuses – Punch

by The Editor
September 1 2026
0

Mass presence of governors in off-cycle elections – Punch

Mass presence of governors in off-cycle elections – Punch

by The Editor
August 27 2026
0

Opinion

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.