If labour movements in Nigeria make do their threat to resist the recent hike in pump price of petrol and increase in electricity tariff, a total shutdown of the economy is around the corner.

The union of all banks and other financial institutions have put their members on alert to withdraw services on Monday, September 28.

A letter signed by the General Secretary of National Union of Banks, Insurance and Financial Institution, Mohammed Sheikh, said that after the National Executive Council meeting of the NLC on Tuesday, labour decided to hold a nationwide protest against the increase in prices of electricity and petrol.

“In this regard, you are therefore directed by this letter to ensure total compliance of this directive by your organisation,” the letter said.

See the letter below:



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