The Nigerian Labour Congress (NLC) has temporarily suspended its nationwide strike plans after reaching an agreement with the Federal Government. The strike was planned in response to the removal of petrol subsidies, which has led to increased suffering and economic difficulties for many Nigerians.
Details of the Memorandum of Understanding (MoU) that led to the suspension of the strike were not immediately available. However, the agreement was reached after both government and labor officials met late into the night.
The strike had been called to demand relief for the economic hardships faced by Nigerians due to the subsidy removal. Labor leaders had insisted on a higher minimum wage award, which the government agreed to present to President Bola Tinubu for further consideration.
The NLC and Trade Union Congress (TUC) had separately reviewed the government's offers before setting up a committee to harmonize their resolutions. The joint resolution was presented to the government, and further consultations are planned.
The strike had garnered widespread support, with civil society groups expressing solidarity with the labor movement's demands. The strike primarily focused on the removal of fuel subsidies, increased fuel prices, devaluation of the naira, higher school fees, and other policies affecting the working class and poor in Nigeria