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NLC calls for urgent stabilisation of Naira


The Nigeria Labour Congress (NLC) has called for an urgent stabilisation of the Naira.

 

It noted that the country was at risk of a “wave of devastating consequences” on its economy should the free fall of the Naira against the dollar remain unchecked.

 

The National President of the NLC, JOE AJAERO, in a statement in Abuja recommended various ways in which the President BOLA TINUBU-led Federal Government can “rescue” the Naira.

 

The NLC urged the government to deliberately “protect” the naira by purchasing locally manufactured goods such as public vehicles for government officials.

 

It also advised public officials to remain patriotic and refrain from the purchase of foreign products.

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