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

NLC Suspends Street Protests, Extends Ultimatum Amid Successful Nationwide Action

Victoria Attah by Victoria Attah
February 28, 2024
in Economy
Reading Time: 2 mins read
A A
0
NLC Criticizes President Tinubu’s Minimum Wage Declaration
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Nigeria Labour Congress (NLC) has opted to suspend street protests following a successful two-day demonstration and extended its ultimatum to the federal government by an additional seven days.

Joe Ajaero, the President of the NLC, announced the decision after a meeting of the National Executive Committee (NEC), stating that the street action scheduled for the second day of the protest has been suspended, having achieved its key objectives on the first day.

AlsoRead

Nigeria’s External Reserves Drop by $731 Million in Early April

FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.

Nigeria’s Bond Yields Rise Slightly as DMO Prepares N700 Billion Auction

However, Ajaero emphasized that the nationwide action will continue on Wednesday, February 28, with simultaneous press conferences held across all states of the federation by the state councils of the Congress, including the National Headquarters.

The NLC has reaffirmed and extended the ultimatum by another seven days, now expiring on March 13, 2024. This ultimatum urges the federal government to implement all previous agreements made on October 2, 2023, along with other demands presented during the nationwide protest.

Furthermore, the NEC has resolved to convene and decide on further lines of action if the government fails to comply with the demands upon the expiration of the 14-day ultimatum.

Ajaero reiterated the NLC’s commitment to defending and promoting the interests of Nigerian workers and the downtrodden masses.

The NLC had initially ordered a two-day nationwide protest on Friday, February 16, 2024, to express outrage over the suffering and hunger faced by the masses and workers due to government policies such as the hike in the price of Premium Motor Spirit (PMS) and the floating of the Naira.

Ratecaptain checks revealed that the protests took place with varying degrees of success across the country.

The NEC-in-session convened on Tuesday to review the execution of the first day of the nationwide protest and assess its effectiveness. Ajaero stated that the meeting also helped the NLC decide on further necessary action to engage the government in protecting the people and Nigerian workers from increasing hardship.

Ajaero commended Nigerians, all NLC affiliates, state councils, workers, and civil society allies for peacefully demonstrating their outrage over the hardship imposed by the government and its policies, expressing deep appreciation for their united resolve to demand accountability from those in positions of leadership.

Tags: Government Policiesnationwide actionNEC meetingNigeria Labour CongressNigerian workersstreet protestsultimatum extension
Previous Post

CBN Sells Dollars to BDCs at N1300/$1 As Naira Gains Ground in Parallel Market

Next Post

Nigeria and Finland Advocates Tech Collaboration for Economic Growth

Related News

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

Nigeria’s External Reserves Drop by $731 Million in Early April

by Jide Omodele
April 28, 2026
0

Nigeria’s foreign exchange reserves came under renewed pressure in April 2026, declining by approximately $731 million within the first three...

The Double-Edged Sword of VAT in Nigeria: Exploitation or Economic Lifeline?

FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.

by Victoria Attah
April 28, 2026
0

The Federal Government has released a revised schedule of prohibited trade items as part of efforts to deepen economic reforms,...

DMO Announces Subscription Offering for Federal Government Savings Bonds.

Nigeria’s Bond Yields Rise Slightly as DMO Prepares N700 Billion Auction

by Jide Omodele
April 28, 2026
0

Nigeria’s sovereign bond market ended the week on a cautious note, with average yields edging higher as investors adopted a...

Federal Government to Generate N12bn Annually from new vehicle tax.

Nigeria Revenue Service Denies Introduction of New Vehicle Tax

by Victoria Attah
April 27, 2026
0

The Nigeria Revenue Service (NRS) has firmly debunked a viral infographic claiming that the Federal Government has introduced a new...

Next Post
Nigeria and Finland Advocates Tech Collaboration for Economic Growth

Nigeria and Finland Advocates Tech Collaboration for Economic Growth

Leave a Reply Cancel reply

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

Recommended

IMF Cautions Central African Republic against Adopting Bitcoin

Bitcoin Tests $80,000 Resistance as It Remains Range-Bound Ahead of FOMC Decision

April 29, 2026
Naira appreciated to N738/$ in the Parallel Market

Naira Weakness Pushes Foreign Currency Taxes to N6.33 Trillion in 2025

April 29, 2026

Popular Story

  • IMF advised CBN to extend the banknote swap deadline.

    IMF Identifies High Inflation as a Major Hardship for Nigerians

    0 shares
    Share 0 Tweet 0
  • OECD Reports 7.1% Decline in International Aid in 2024

    0 shares
    Share 0 Tweet 0
  • FG issues 2,400 Cs-of-O, 1,417 land transaction consents

    0 shares
    Share 0 Tweet 0
  • India to propose cryptocurrency ban

    0 shares
    Share 0 Tweet 0
  • Lai Mohammed Slams Media Houses for Celebrating End-SARS Panel Report

    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}
?>