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 Banking

Rail and Bank Workers Join Nationwide Strike Amidst Rising Tensions

Stephen Akudike by Stephen Akudike
November 14, 2023
in Banking, Economy
Reading Time: 1 min read
A A
0
Rail and Bank Workers Join Nationwide Strike Amidst Rising Tensions
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

In a significant escalation of labor unrest, rail and bank workers, organized under the umbrella of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), have joined the nationwide strike to protest the recent brutalization of Joe Ajaero, the president of the NLC, and other unresolved issues with the government.

Segun Esan, the Secretary-General of the Nigeria Union of Railway Workers, confirmed the union’s active participation in the strike, emphasizing that all railway operations have been halted. Esan stated, “What this means is that all the workers of Nigerian Railway are duty-bound to join the nationwide strike action from the zero-zero hour of Tuesday, 14th November 2023, by staying back at home and away from their offices.”

AlsoRead

States and FCT Collect N2.64 Trillion in PAYE as Payroll Taxes Surge

JP Morgan and Absa Eye Nigerian Merchant Banking Licences as Reserves Reach $55 Billion

Jeff Bezos Climbs to World’s Second-Richest as Fortune Surges $122 Billion

He further clarified that all offices, stations, workshops, and premises of the corporation would remain locked and inaccessible until directed otherwise by the Congress.

Oluwole Olusoji, President of the Association of Senior Staff of Banks, Insurance, and Financial Institutions, conveyed that advice on compliance with the strike had been disseminated to their members. He urged members to prioritize the safety of lives and property, guarding against any individuals seeking to exploit the situation. “We will continue to monitor the situation as it unfolds,” added Olusoji.

The nationwide strike, which commenced on Tuesday, 14th November 2023, has gained momentum with the active involvement of rail and bank workers. The industrial action is not only a response to the brutalization of Joe Ajaero but also addresses various outstanding issues between organized labor and the government.

As tensions rise, the impact of the strike is expected to be felt across multiple sectors, highlighting the collective determination of organized labor to voice their concerns and seek resolution from the government. The situation remains fluid, and stakeholders are closely monitoring developments as the nationwide strike unfolds.

Previous Post

FG Exposes N190 Billion Owed by CBN and NBET For Electricity Distribution

Next Post

Gold prices sink below $1,950 as CPI data looms

Related News

Senate Committee Frowns at N17 Trillion Loss from Tax Waivers, Urges FIRS Reform

States and FCT Collect N2.64 Trillion in PAYE as Payroll Taxes Surge

by Victoria Attah
October 12, 2026
0

Nigeria’s 36 states and the Federal Capital Territory generated N2.64 trillion in Pay-As-You-Earn tax in 2025, a rise of about...

JP Morgan Predicts Naira at N850/$ by Year-End

JP Morgan and Absa Eye Nigerian Merchant Banking Licences as Reserves Reach $55 Billion

by Jide Omodele
October 12, 2026
0

JP Morgan intends to launch merchant banking operations in Nigeria before the end of 2026, pending regulatory approval, while South...

Jeff Bezos Sells Over $2 Billion Worth of Amazon Shares in Strategic Divestment Move

Jeff Bezos Climbs to World’s Second-Richest as Fortune Surges $122 Billion

by Victoria Attah
October 12, 2026
0

Amazon founder Jeff Bezos has become the world’s second-richest person after his net worth increased by $122 billion over the...

World Bank Emphasizes Cash Transfers to Break Poverty Cycle in Nigeria

World Bank: Naira Shows Greater Resilience Than Many African Currencies

by Victoria Attah
October 8, 2026
0

The naira ranked among the more resilient African currencies in the second quarter of 2026, even as geopolitical tensions and...

Next Post
Gold Prices Slide to Three-Week Low Amid Fed Rate Hike Warnings

Gold prices sink below $1,950 as CPI data looms

Leave a Reply Cancel reply

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

Recommended

First Bank, Ecobank, 4 Others Generate N891bn from Loan to Customers in H1 of 2023

OPay Estimates 57.4% Share of Nigeria’s Digital Loan Disbursements in 2025

October 12, 2026
Senate Committee Frowns at N17 Trillion Loss from Tax Waivers, Urges FIRS Reform

States and FCT Collect N2.64 Trillion in PAYE as Payroll Taxes Surge

October 12, 2026

Popular Story

  • Senate Committee Frowns at N17 Trillion Loss from Tax Waivers, Urges FIRS Reform

    States and FCT Collect N2.64 Trillion in PAYE as Payroll Taxes Surge

    0 shares
    Share 0 Tweet 0
  • OPay Estimates 57.4% Share of Nigeria’s Digital Loan Disbursements in 2025

    0 shares
    Share 0 Tweet 0
  • Jeff Bezos Climbs to World’s Second-Richest as Fortune Surges $122 Billion

    0 shares
    Share 0 Tweet 0
  • JP Morgan and Absa Eye Nigerian Merchant Banking Licences as Reserves Reach $55 Billion

    0 shares
    Share 0 Tweet 0
  • PayPal to acquire buy now pay later firm Paidy in $2.7B deal

    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}
?>