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“Fix Cash Scarcity Now to Ease Nigerians’ Suffering” – NLC Urges Federal Government
The Nigeria Labour Congress (NLC) has called on the Federal Government to urgently address the ongoing cash scarcity affecting citizens across the country.
This appeal came from NLC President Joe Ajaero, who, alongside NLC General Secretary Emmanuel Ugboaja, signed a communiqué issued after the National Executive Council (NEC) meeting held in Owerri on Thursday.
During the NEC session, Ajaero expressed concern over the continuous lack of cash
He described it as an unjust hardship that further burdens Nigerians who are already enduring economic difficulties.
Also, he mentioned the exploitative nature of the situation, pointing out that Nigerians are being forced to lose up to five per cent of their money every time they withdraw cash due to exorbitant fees imposed by financial institutions.
This practice, he noted, is unfair and exacerbates the financial struggles faced by millions, particularly those in the informal economy.
Ajaero stressed that small businesses and informal workers, the backbone of Nigeria’s economy, are particularly vulnerable.
Many of these businesses rely on daily cash transactions, and the persistent scarcity threatens their survival and growth.
“The impact of this on small businesses and other informal economy operatives is huge,” he explained.
The NLC is demanding immediate intervention from the government to resolve this issue and uphold the financial rights of citizens.
Ajaero specifically called on the Central Bank of Nigeria (CBN) to take decisive steps to ensure the availability of cash.
According to him, this is crucial not only for easing everyday transactions but also for stimulating economic activities across the country.
“We expect the Central Bank Governor to take steps to ensure that cash is made available to the citizenry to enable small business transactions and stimulate economic growth,” he stated.
The Chairman of Gboko Local Government Area of Benue State, Torseer Yina, has imposed a dusk-to-dawn curfew in the ancient town.
The curfew takes effect from Thursday, October 8, 2026, following unrest and violent protests in the area.
According to reports, the action was taken to contain the unrest and violent protests by members of BEMOA following the death of one of its members by unknown gunmen.
The protest, which was reportedly hijacked by hoodlums, turned violent after an angry mob burnt two vehicles belonging to the Benue State Civil Protection Guards.
The Gboko council chairman said the curfew takes effect immediately and warned that anyone caught flouting the order or breaching public peace would be decisively dealt with.
Nine people have died in a fatal road crash along the Ijebu-Ode-Benin Expressway in Ogun State.
The crash occurred on Monday at about 4:55pm around the Bethel area along the Ijebu-Ode/Ore axis of the expressway. It involved a white Toyota Hiace commercial bus belonging to Delta Line and a white Sino truck operated by Bill Gas Solution Ltd.
According to the Federal Road Safety Corps (FRSC), all nine people involved in the crash, comprising three males and six females, died in the incident.
The FRSC said the crash occurred while it was raining and the road was wet, with preliminary investigations identifying speed violation as the probable cause.
The FRSC rescue team arrived at the scene shortly after receiving the report, while the bodies of the victims were taken to the General Hospital Morgue in Ijebu-Ode.
The Ogun State Sector Commander, Oludare Ogunjobi, urged motorists, especially commercial drivers, to obey speed limits and exercise extra caution when driving in the rain.
Minister of Education, Dr Tunji Alausa, speaks on the role and importance of teachers in the world to celebrate Teachers’ Day today.
He spoke on technology and its advancement and shared that while it is going well, teachers can never be replaced.
“These tools can help teachers reach learners and tailor instruction, but the judgement, encouragement and human connection of a skilled teacher remain indispensable,” he said.
“Every doctor, engineer, scientist, entrepreneur and public servant has benefited from a teacher and could not have become what they are today without teachers,” the minister said.
“When we honour teachers, we honour the people who make every other profession possible.”
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