By Ojo Jeremiah Oladipupo (Siwes student, Efon Poly)
The forex crisis has stirred significant concerns. The labor union is holding a meeting with government officials today to address the issue.
The NLC President, Joe Ajaero, points out that government officials’ preference for foreign luxury products has contributed to the naira’s depreciation, and this could have dire consequences for the economy.
The NLC is emphasizing the need for urgent measures to stabilize the naira and recommending that public officials support locally manufactured goods to bolster the economy.
In addition to the forex crisis, the labor union is also engaged in a dispute with the Imo State government over unpaid salaries and workers’ rights violations.
They are planning protests and industrial action to address these issues.
Furthermore, the NLC is disappointed with the government’s failure to implement the N30,000 National Minimum Wage, which is crucial for workers’ financial security.
