The Nigeria Labor Congress has suspended it’s planned strike on Monday 28th September 2020 over the recent hike in petroleum product and electricity tariff by the Federal Government.
The decision came following an agreement reached with the Federal Government.
Briefing journalists in Abuja at the end of a Bipartite Meeting that lasted for over seven hours between the Federal goverment and the organized labour, the President Nigeria Labour Congress, Comrade Ayuba Wabba said the both parties have agreed on incentives that will help cushion the hardship that comes with the rising from recent cost – reflective Electricity Tariff adjustments and deregulation of the downstream sector. Ayuba pointed out the need for social dialogue as a viable tool in solving industrial dispute.
“This meeting which has been concluded this night after about eight hours of discussions, the details of this communique is captured in this five paged document. Specifically, we have been able to look at the issue of fuel price hike and what is needed to be put in place on this perennial issue of fuel pump price.”
“It is therefore the decision of organized labour as presented here to suspend the action and we are going to convey our central working committe to convey the detail of this information to them”
In his remarks,the Minister of labour and employment Sen. Chris Ngige enumerated some of the agreements reached.
“After exhaustive deliberations on the issues raised by Labour Centres, the FGN stated that it has fashioned out palliatives that would ameliorate the sufferings that Nigerian workers may experience as a result of the cost – reflective Electricity Tariff adjustments and deregulation of the downstream sector of the Petroleum Industry. The palliatives will be in the areas of transport, power, housing, agriculture and humanitarian support.”
It could be recalled that Labour had recently announced its planned strike following the hike in petroleum products and electricity tariff.