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Naira scarcity: TUC threatens legal action against FG

The Trade Union Congress on Thursday threatened to take “constitutional and legal ways” against the Federal Government following the ongoing naira scarcity and fuel price hike.

Speaking during a press conference in Abuja, the national president of the trade union, Festus Osifo, noted that many Nigerians are “on the brink of financial collapse” due to the policy by the Central Bank of Nigeria.

“The problem as you know is that Nigerians have been betrayed by the banking system which has been unable to pay them their money on demand.

“They have also been failed by the Federal Government which unilaterally decided to change the three highest denominations of the currency, fixed dates for the change, and is utterly incapable either to deliver on its promises or protect the populace from financial strangulation,

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CHANGE THEIR WORLD. CHANGE YOURS. THIS CHANGES EVERYTHING.