Kwara NLC Laments Cash Crunch News KwaraNLC
LEADERSHIP Friday observed that customers have continued to lament the scarcity of the new naira notes despite spending several hours at the Automated Teller Machines of commercial banks in their bid to withdraw cash
The NLC chairman said, “We are constrained by the acute shortage of new currency notes in the country, which is caused by the Naira Redesign Policy of the apex bank.“The social economic implication of nonavailability of the Naira in the market is a threat to the standard of living of the people of Nigeria and the nation’s economy.”
The burden of the hardship caused by unavailability of the new naira notes is on the Nigeria workers. “The leadership of Nigeria Labour Congress hereby express disgust over the non availability of the new naira notes and urged both the federal and state governments to address the shortage in the interest of the workers and poor masses in general.”
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