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Proposed NLC Strike: Banks, Insurance and Financial Institutions To Shutdown

Somto NwanoluebySomto Nwanolue
September 29, 2023
in News
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Proposed NLC Strike: Banks, Insurance and Financial Institutions To Shutdown
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The National Union of Banks, Insurance, and Financial Institutions Employees has released a notice informing the public of shutting down their operations to all financial institutions due to the proposed indefinite strike by the organized labour.

The Nigeria Labour Congress (NLC), and the Trade Union Congress (TUC), have determinedto shut down the country’s economy starting from October 3, after the inability of the federal government to approve and issue out palliatives that would aid the effect of the fuel subsidy removal.

The organized labour has insisted that until its demands are met, there would be no going back on its proposed strike action, despite the federal government’s attempts to prevent the strike.

Ahead of the proposed strike, the National Union of Banks, Insurance, and Financial Institutions Employees had in a circular signed by its General Secretary, Mohammed I. Sheikh, urged all financial institutions to comply with the orders of the organized labour.

Mohammed had criticized the government’s failure to stop the economic crisis assailing the nation. She had also accused the government of making plans to intimidate, and silence the workers.

The circular partly reads,

“Consequently, all Management of Banks, Insurance, and other financial institutions are strongly warned to avoid inhibiting workers from actively participating/complying with the order of the two congresses.”

The notice had concluded wirg the warning that monitoring teams would be moving around to ensure complete compliance with the order.

Tags: and Financial Institutions Employees has released a notice informing the public of shutting down their operationsinsuranceNational Union of Banks
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

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