close
Tuesday, February 21, 2023

TUC tells Nigerians to stop attacking banks over naira scarcity

“We are willing to participate in exerting pressure on the various governments and financial regulators to return the country to normalcy.”

• February 21, 2023
IRATE PROTESTERS ATTACKING ATM
IRATE PROTESTERS ATTACKING ATM [PHOTO CREDIT; THE GUARDIAN]

The Trade Union Congress of Nigeria (TUC) has appealed to Nigerians to stop attacking bank workers, saying they are also victims of the nation’s cash scarcity.

TUC made the appeal in a statement signed by its president, Festus Osifo, and secretary general, Nuhu Toro, on Monday, in Lagos.

It said bank and financial institution employees at junior and senior staff levels were mere workers who distribute only currencies made available to the various banks by the regulatory agencies.

“It is also understandable that in some cases, the patience of people is worn so thin that they have resorted to protests and publicly demonstrating their feelings and frustrations,” the TUC statement explained. “Our fellow compatriots should realise that bank staff are like other Nigerians, victims of the poor implementation of the new currency design policy.”

It added, “They suffer like other Nigerians as they also have families to cater for and personal financial needs to meet. The TUC appeals to the Nigerian masses not to be provoked, and where they choose to publicly demonstrate their feelings, which is their human right, to do so peacefully.”

The statement assured the public that TUC, to which the Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) belongs, is working hard to resolve the financial crisis.

“It is also ready for peaceful solidarity actions with other Nigerians in collaboration with market associations, youth and student groups, professional associations and civil society organisations,” said TUC. “We are willing to participate in exerting pressure on the various governments and financial regulators to return the country to normalcy.”

TUC, however, said it did not encourage people to destroy public and private infrastructure, looting valuables of innocent Nigerians and shops under the guise of protest.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

DMO

Economy

DMO to unveil FG’s securities subscription portal

The Debt Management Office is set to unveil its federal government securities subscription portal to stakeholders in Lagos.

Timipre Sylva and Smart Adeyemi

Politics

Sylva, Adeyemi join Bayelsa, Kogi governorship race

The minister’s friends purchased the N50 million form on Monday in Abuja.

Isah Madorawa

States

PDP warns APC defectors against electoral fraud, violence

PDP has warned APC defectors and other supporters against electoral fraud and violence.

Nigeria Immigration Service

NationWide

21,640 immigration officers to monitor Saturday’s presidential election

The Nigeria Immigration Service has deployed 21,640 officers and men for the February 25 and March 11 elections across the 36 states and FCT.

Naira and Dollar

Economy

Naira loses value slightly, exchanges N461.50 for one dollar

The naira on Monday exchanged at N461.50 to the dollar at the Investors and Exporters window.

BPP and NIESV

Anti-Corruption

FG to raise procurement standard, says BPP

“We must continue to move with the world so as not to be left behind,” said the NIESV director-general.