•The strike has been suspended for a month after meeting with the federal government.
FG and Labour have reached a truce, leading to the suspension of the planned nationwide strike for one month.
The Organized Labour made this decision following an agreement with the Federal Government. While details of the Memorandum of Understanding are not yet fully disclosed, it was reached late at night during a reconvened meeting.
The aim was to find common ground and prevent the strike, which aimed to address the suffering caused by the removal of petrol subsidies. Earlier, the NLC and TUC separately reviewed the government's offers and then established a committee to harmonize their resolutions.
The joint resolution was presented to the government team around 5 pm, but the meeting reconvened at 8.15 pm, leading to frustration among labor leaders.
President Bola Tinubu had initially proposed a provisional wage award of N25,000 for low-grade workers for six months, which was rejected by labor. Instead, labor insisted on a comprehensive wage award until a new minimum wage, expected to be negotiated next year, is implemented.
A statement from the Minister of Information and National Orientation, Mohammed Idris, indicated that the issues in dispute would be resolved when workers are at work, and the government promised to present Labor's request for higher wage awards to President Bola Tinubu for further consideration.