RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Nationwide Strike Paralyzes Nigeria as NLC and TUC Protest Over Electricity Tariff Hike and Wage Disputes

Stephen Akudike by Stephen Akudike
June 3, 2024
in Economy
Reading Time: 2 mins read
A A
0
Nigeria sets eight-week timeline to agree minimum wage with unions
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

Workers across Nigeria have downed tools as the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) commenced an industrial action in response to the recent hike in electricity tariffs and unresolved issues regarding a new minimum wage. Despite last-minute intervention efforts by the National Assembly, negotiations reached an impasse, triggering the strike.

The industrial action has severely disrupted essential services and businesses nationwide, including schools, hospitals, and power supply, as workers adhered to the directives from the NLC and TUC.

AlsoRead

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

Airports and Transportation Affected

Airports in major cities such as Abuja, Port Harcourt, Kaduna, and Lagos saw significant disruptions. At Port Harcourt Airport, members of the Association of Nigerian Aviation Professionals (ANAP) and the National Union of Air Transport Employees (NUATE) blocked access, leaving many passengers stranded and forcing some to walk to the terminal. Although flights continued, there was a heavy security presence, and no check-ins or boarding were allowed.

In Lagos, similar scenes played out as aviation unions locked the airport gates, preventing staff and passengers from entering. Abuja Airport witnessed an unusual quietness, with locked doors and empty terminals, reflecting the widespread impact of the strike on the aviation sector.

Education Sector Halted

The strike also brought academic activities to a standstill. In Abuja, Ibadan, Oyo State, Cross River, and other regions, students were sent home as schools closed in compliance with the strike. At Kaduna Polytechnic, union officials locked students out of the campus early in the morning, sparking concerns about potential disruptions to academic calendars.

Healthcare and Power Supply Disrupted

Hospitals in various states, including Kaduna and Niger, were shut down, with labour leaders barring workers and patients from accessing healthcare facilities. The National Ear Care Centre in Kaduna was sealed, and out-patients were turned away.

Additionally, the national power grid was shut down early Monday morning by workers under the National Union of Electricity Workers (NUEE), causing a nationwide blackout. The Transmission Company of Nigeria (TCN) confirmed that all power substations were shut down, resulting in a complete loss of power generation.

Government and Business Operations Cease

Government offices and some businesses were not spared. In Edo State, the NLC and TUC locked up the State Secretariat in Benin City, despite the state recently raising the minimum wage to N70,000. Similarly, in Imo State and Lagos, civil servants were locked out of government offices, and economic activities slowed significantly.

The usually bustling streets of Lagos were unusually quiet for a Monday morning, with courts and various government offices closed. In Ogun State, the Federal Secretariat in Abeokuta was also locked, and the NLC Secretariat in Ibadan saw no activity.

Broader Economic Impact

The strike extended to major economic hubs such as the headquarters of the Niger Delta Development Commission (NDDC) in Port Harcourt. Labour leaders ensured non-essential staff vacated the premises and enforced the strike strictly across sectors, including partial compliance at SPDC Industrial Area.

The widespread strike underlines the deep-seated issues concerning wage negotiations and public service costs in Nigeria. As the strike continues, the economic and social impacts are expected to intensify, urging the government and labour unions to find a swift resolution to avoid further disruptions.

Tags: Nationwide ProtestNLC
Previous Post

Notcoin Token Soars by 400%, Leading the Crypto Market

Next Post

FX Turnover Plummets by 42.92% on the Inaugural Trading Day of June

Related News

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

by Jide Omodele
March 20, 2026
0

Providus Bank Limited has affirmed that it fully complies with the Central Bank of Nigeria’s (CBN) minimum capital requirement for...

Uber Partners with Waymo to Introduce Self-Driving Cars, Advancing Autonomous Driving.

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

by Stephen Akudike
March 20, 2026
0

Uber Technologies Inc. has disclosed that its platform facilitated a collective N6.1 billion in additional annual earnings for drivers across...

Dangote Refinery: Weep Not Child By Duke of Shomolu

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

by Stephen Akudike
March 19, 2026
0

Nigeria imported crude oil valued at $3.74 billion linked to the operations of the Dangote Petroleum Refinery in 2025, according...

CBN Auctions N1.05 Trillion in Treasury Bills, Pushing Two-Week Borrowing Near N3 Trillion

by Jide Omodele
March 19, 2026
0

The Central Bank of Nigeria (CBN) is set to raise N1.05 trillion through a Treasury Bills auction today, March 18,...

Next Post
BDC Operators Call for Increased Participation in Nigeria’s Foreign Exchange Market.

FX Turnover Plummets by 42.92% on the Inaugural Trading Day of June

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge

March 20, 2026
CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

March 20, 2026

Popular Story

  • Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

    US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge

    0 shares
    Share 0 Tweet 0
  • House of Reps directs CBN to suspend sale of Polaris Bank

    0 shares
    Share 0 Tweet 0
  • Naira remains stable at N754/$ in the parallel market.

    0 shares
    Share 0 Tweet 0
  • NNPC Begins Exploratory Drilling in Nasarawa, to Grow Reserves to 50bn Barrels.

    0 shares
    Share 0 Tweet 0
  • NGX Suspends Trading of Three Insurance Firms for Delayed 2024 Audits

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>