The Trade Union Congress of Nigeria, TUC, has issued a two week ultimatum to the federal government to peg the the Naira between N480 and N650 to the dollar.
TUC President Festus Usifo issued the ultimatum in Abuja on Monday at a press conference to address the prevailing economic situation in the country.
The Congress however said it would not be part of the two day protest being planned by the Nigerian Labour Congress, NLC, for Tuesday and Wednesday this week over the economic hardship being face by Nigerians.
According to Osifo, the federal government has meant part of their 16-point demands, so there is no need to join the protest starting tomorrow.
The magazine reports that the NLC has rebuffed a warning by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, that the protest amounted to a contempt of the National Industrial Court, NIC.
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