The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have decided to suspend their scheduled strike following a meeting with representatives of the Federal Government at the Presidential Villa.
The discussions primarily focused on the removal of fuel subsidies.
The outcome of the meeting was revealed by Femi Gbajabiamila, the Speaker of the House of Representatives and newly appointed Chief of Staff to the President. He announced that an agreement had been reached between the NLC, TUC, and a team set up by President Bola Tinubu to address the concerns related to subsidy removal.
As part of the agreement, a joint committee will be established by the Federal Government, TUC, and NLC to review proposals for wage increases or awards. The committee will also develop a framework and timeline for implementation.
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Additionally, the World Bank Financed Cash transfer scheme will be reviewed, with a focus on including low-income earners in the program. Furthermore, the CNG conversion program, which was previously agreed upon with Labour centers in 2021, will be revived. Detailed plans for implementation and timing will be worked out.
The decision to suspend the strike demonstrates a commitment to resolving the issues at hand through dialogue and cooperation between the government and labor unions.
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