The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have suspended Wednesday’s planned strike.
This is the outcome of the latest meeting between the Federal Government on the one hand, and the TUC and NLC on the other, which held at the State House, Abuja.
Briefing newsmen afterwards, the Chief of Staff to the President, Femi Gbajabiamila, who chaired the meeting, said a tripartite committee would be set up to review the proposal for any wage increase demanded by the labour unions.
He said the committee would equally review the $800 million World Bank Cash Transfer Scheme loaned to Nigeria due to fuel subsidy removal, stressing that it has not captured the predicament of junior employees.
The meeting therefore adopted the resolution that the labour unions suspend strike action to allow the current price regime and to continue their engagements with the government.
The meeting is to reconvene on June 19 to agree on an implementation framework to be worked out by the tripartite committee.
Reporting by Abdullah Bello; Editing by Oluwaseyi Ajibade and Tony Okerafor