The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), Nigeria’s largest trade unions has called for an indefinite strike starting October 3rd, two days after the country celebrates its 63rd anniversary of independence. It had a two-day warning strike in August, which was largely ineffective. The planned strike follows the removal of fuel subsidy by the government in June that has led to unprecedented rise in the costs of living, compounded by worsening exchange rate conditions. Meanwhile, the new Central Bank governor Yemi Cardoso has been confirmed by the Nigerian Senate and has announced it will narrow the work of the country’s apex bank compared to his predecessor Godwin Emefiele.
