The organised Labour has suspended its ongoing indefinite strike action for one week over a new national minimum wage and reversal of the recent electricity tariff hike.
A joint National Executive Council (NEC) meeting of both Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) has approved to relax the industrial action for one week with immediate effect.
It was gathered that the development followed a tentative agreement reached between the Federal Government and the Organised Labour on the new national minimum wage on Monday night with a resolution to further engage daily for the next one week at the level of the Tripartite Committee on National Minimum Wage until a final agreement is reached.
The Federal Government had assured the Labour leaders that President Bola Tinubu was committed to paying a new monthly minimum wage above the initial offer of N60,000.
This was disclosed late Monday night at the end of a marathon meeting convened by the Secretary to the Government of the Federation (SGF), George Akume, in furtherance to the negotiation by the Tripartite Committee on National Minimum Wage (NMW) and subsequent withdrawal of the Organised Labour from the negotiation table.
Recall that members of the NLC and TUC earlier on Monday embarked on an indefinite nationwide strike to press home their demands for a new national minimum wage and reversal of the recent electricity tariff hike, a development that paralysed activities in both public and private sectors across the country.
