Organized Labor, represented by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), has opted to suspend their ongoing strike for a period of five days. This decision comes as negotiations with the government are set to commence shortly, with official statements expected soon from an NLC leader in Abuja.
Following a lengthy six-hour meeting held in Abuja, the Federal Government affirmed its commitment, led by President Bola Tinubu, to increase the minimum wage beyond the current N60,000 threshold. This significant commitment aims to meet the demands of the labor unions and enhance the quality of life for Nigerian workers. To expedite this process, a Tripartite Committee will convene daily over the next week to finalize a mutually agreeable wage.
In addition to the suspension of the strike, organized labor unions have agreed to hold internal discussions promptly to evaluate the new wage proposal. Crucially, the agreement ensures that no worker will face repercussions for their participation in the strike.
These resolutions were formally endorsed on behalf of the Federal Government by Mohammed Idris, Minister of Information and National Orientation, and Nkeiruka Onyejeocha, Minister of State for Labour and Employment.
This development represents a significant stride towards resolving the industrial action and enhancing wage conditions for Nigerian workers, underscoring the government’s dedication to addressing labor issues and promoting economic stability.