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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.
President Bola Ahmed Tinubu has paid tribute to late Nigerian actor Olu Jacobs, recalling his contributions to the creative industry and his impact on Nigeria’s cultural identity.
In his tribute, Tinubu described Jacobs as a giant of the Nigerian creative industry and said “He was a giant of the Nigerian creative industry. His passing is a great loss to Nigeria, the African film industry and the global community of lovers of the performing arts. His remarkable body of work will continue to speak to generations yet unborn.
“The nation recognises the enormous contributions of Nigeria’s creative practitioners to the country’s cultural identity, global image and economic development. Olu Jacobs played a big role in creating this identity.”
Human rights lawyer and activist Deji Adeyanju has called on President Bola Ahmed Tinubu to declare a state of emergency over the proliferation of counterfeit and substandard drugs and consumer products in Nigeria.
Adeyanju also called for the removal of the Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Professor Mojisola Adeyeye, as well as the heads of other regulatory agencies, including the Standards Organisation of Nigeria (SON).
“Nigerians are being exposed to dangerous products daily, from fake and substandard medicines to unsafe consumer goods, with reports of drugs being sold wholesale in the open under the hot sun. No responsible government should expose its citizens to such risks and expect mortality rates not to rise.”
Adeyanju also called out NAFDAC over what he described as failures in regulating the circulation of counterfeit and substandard products in the country.
It can be noted that various counterfeit products continue to circulate in Nigerian markets, while NAFDAC has also reported seizures and destruction of counterfeit, expired and substandard products.
Lagosians have lamented heavy traffic caused by ongoing construction work at Kara Bridge along the Lagos-Ibadan Expressway.
The Federal Government announced that repairs on the damaged expansion joints at Kara Bridge would begin on September 8, 2026. The project, initially scheduled to begin in August, was delayed to allow further traffic management planning due to concerns over its impact on motorists.
Since work began, traffic around the Kara area has become heavy, with Lagosians sharing updates on social media about spending two hours or more on the road.
Some commuters say the delays have made their 9-to-5 routines difficult, with several hours spent travelling to and from work.
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