We are worried – NLC laments dollarization of Nigeria’s economy

We are worried – NLC laments dollarization of Nigeria’s economy

The Nigerian Labour Congress, NLC, has said it was worried
about the fact that the Nigerian Government is not doing anything about the
dollarisation of the system.

 

Speaking on Channels Television’s Politics Today on Tuesday,
NLC president, Joe Ajaero, lamented Nigeria’s dependence on the dollar as its
means of transaction, saying the Federal Government has turned a blind eye to
it.

 

”The issue of the dollarization of the currency is clear and
the FG is not doing anything about it,” he said.

 

He also revealed that the NLC was helpless in solving the
issue, as this was a policy of the federal government

 

”We are worried about it but there is nothing we can do
since the Nigerian government has chosen the dollar as a formal currency that
will benchmark all they are doing,” he said.

Source: We are worried – NLC laments dollarization of Nigeria’s economy

 - NigerianEye
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