Browsing Tag

Cash Crunch

Hardship: NLC urges FG to address cash crunch

Marvellous Gbadegesin Dec 20, 2023

The Nigeria Labour Congress (NLC) has urged the Federal Government to address the current cash crunch in the country to prevent hardships on its citizens. Mr Joe Ajaero, NLC President said this on Tuesday in a statement titled “Cash…
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Cash Crunch: Lagos govt commences release of impounded vehicles to owners free of charge

Biola Adebayo Mar 7, 2023

Lagos State government has commenced the release of impounded vehicles to their owners free of charge due to a cash crunch that has hit the nation following the Central Bank of Nigeria’s (CBN) naira redesign policy. The move, which…
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Buhari presides over Council of State meeting

Marvellous Gbadegesin Feb 10, 2023

President Muhammadu Buhari is currently presiding over the Council of State meeting to find a lasting solution to the cash crunch occasioned by the cash swap policy of the Central Bank of Nigeria. Top on the agenda are the 2023 general…
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