The organised labour comprising Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) has suspended the nationwide strike for one week. This follows a joint extraordinary National Executive Council of the unions on Tuesday morning.
The decision was in deference to the commitment made by President Bola Ahmed Tinubu to ensure that workers get a fair deal from the ongoing minimum wage negotiations, labour said.
After shutting down banks, schools, government offices, among others, the Federal Government had invited Labour leaders to a meeting at the office of Secretary to the Government of the Federation.
At the end of the meeting on Monday night, the federal government and organised labour reached an agreement on a new minimum wage that will be “above N60,000″.
Read FG offers minimum wage above ₦60,000:
“After exhaustive deliberation and engagement by both parties, the following resolutions were reached:
“The President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria is committed to a National Minimum Wage that is higher than N60,000;
“Arising from the above, the Tripartite Committee is to meet everyday for the next one week with a view to arriving at an agreeable National Minimum Wage;
“Labour in deference to the high esteem of the President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria’s commitment in (ii) above undertakes to convene a meeting of its organs immediately to consider this commitment; and
“No worker would be victimized as a result of the industrial action.”