NLC Threatens Nationwide Strike Over Diverted Funds and Governance Vacuum

The Nigeria Labour Congress (NLC) has issued a seven-day ultimatum to the Federal Government, demanding the refund of allegedly diverted workers’ funds from the Nigeria Social Insurance Trust Fund (NSITF) and the immediate constitution of the National Pension Commission (PENCOM) governing board. If the government fails to meet these demands, the NLC will trigger a nationwide strike .

The NLC accuses the government of diverting 40% of workers’ contributions to the NSITF, violating the statutes that established the fund.
The labour union demands the immediate constitution of the PENCOM governing board, citing a governance vacuum.
The NLC emphasizes that the NSITF belongs to the Nigerian working class and will mobilize all legitimate means to protect workers’ interests A nationwide strike would significantly impact various sectors, including education, healthcare, and the economy. The NLC’s ultimatum underscores the growing tensions between workers and the government, highlighting the need for a resolution to the ongoing disputes .

The NLC’s Central Working Committee expressed outrage over the government’s actions, describing them as a direct attack on workers’ rights and hard-earned resources. The labour union affirms its commitment to protecting workers’ interests and upholding international labour standards .

The NLC’s seven-day ultimatum puts pressure on the government to address the workers’ concerns and meet their demands. Failure to do so may lead to a nationwide strike, with far-reaching consequences for the country.