NLC Threatens Nationwide Strike Over Alleged Pension Fund Diversion
The Nigeria Labour Congress (NLC) has given the Federal Government seven days to refund what it claims is a 40% diversion of workers’ contributions from the Nigeria Social Insurance Trust Fund (NSITF) into the national treasury. The union also demanded the immediate constitution of the National Pension Commission’s (PenCom) Governing Board, warning that failure to act could trigger a nationwide strike. NLC President, Joe Ajero, accused the government of violating