Labour begins strike, vows grounding the economy.

In response to the tremendous economic problems besetting the country in the wake of the Federal Government’s elimination of subsidies, the Nigeria Labour Congress has pledged to ground the economy and claims that the conditions are in place for a two-day nationwide warning strike.

As they work together to confront the nation’s deepening economic crisis, major stakeholders, including the banking industry, civil society organizations, and labor unions, have overwhelmingly backed this initiative.

The umbrella organization for employees in the banking and insurance sectors, the National Union of Banks, Insurance and Financial Institutions Employees, announced on Monday that it will join the strike, thereby halting all financial activity in Nigeria.

In a statement, Mr. Mohammed Sheikh, General Secretary of NUBIFIE, emphasized the significance of their involvement in the NLC’s two-day warning strike, emphasizing the necessity to alert the government to the grave economic circumstances that Nigerians are now experiencing.

The leadership of NUBIFIE has issued a notice that all banks will be shut down on Tuesday, 5 and Wednesday, 6 September 2023, in line with the NLC two-day strike directive.

“The directives are imperative to get the needed attention of the government and to warn it against interfering in the internal affairs of unions instead of addressing the punishing economic circumstances we find ourselves in,” the statement emphasised.