Nigerian banks, including United Bank of Africa (UBA) and Access Bank, have officially declared a two-day nationwide strike set to take place on September 5th and 6th, 2023. This announcement came as a result of a directive issued by the National Union of Banks, Insurance and Financial Institution Employees (NUBIFIE) in a memorandum dated September 2nd, 2023. The memo, signed by the union's General Secretary, Mohammed I. Sheikh, explained that this action aligns with the strike notice previously issued by the Nigeria Labour Congress on August 31st.

NUBIFIE's memo didn't stop at announcing the strike; it also accused the federal government of excessive involvement in trade union matters, diverting attention from the pressing economic challenges facing the nation. The union emphasized the importance of the strike in garnering the government's attention and demanded cooperation from its members in adhering to the strike directive.

On the other hand, the Federal Government, led by President Bola Ahmed Tinubu, is taking steps to avert the impending Nigeria Labour Congress strike. The Minister of Information and National Orientation, Mohammed Idris, revealed that the government is actively engaging with labor union leaders in discussions. He expressed optimism about reaching an amicable resolution before the scheduled strike. If successful, this resolution would also address the looming 21-day strike planned for later in the month.