BREAKING: Labour suspends planned strike, reaches agreement with FG

The Organised Labour has suspended its planned nationwide strike set to commence today after reaching an agreement with the Federal Government.

Festus Keyamo (SAN), Minister of State for Labour and Employment, disclosed this in a tweet on his Twitter page on Monday morning. The minister said that the government reached an agreement with Labour unions at exactly 2:53 am on Monday, September 28 after a series of meetings.

Standard reports that the Nigeria Labour Congress and the Trade Union Congress (TUC) had fixed Monday to begin the nationwide strike to protest the increases in petrol pump price and Electricity tariff.

Speaking further, Keyamo said that the part of the agreement reached between the federal government and the Labour Unions is that deregulation will stay with the government rolling out palliatives for labour. The minister said the details of the palliatives, would be disclosed in the next two weeks.

Keyamo also disclosed that the electricity tariff has been suspended by the government for 2 weeks with a joint Committee headed him (Keyamo) to examine the justification for the new policy.

He added that the Labour union has suspended the proposed strike action which was scheduled to start from today (Monday) according to an earlier tweet by the NLC.

“FG & LABOUR reach agreement at 2:53 am. Deregulation to stay as Govt rolls out palliatives for labour (details in 2 weeks); Electricity tariffs suspended by Govt for 2 weeks with a joint committee headed by @fkeyamo to examine the justification for the new policy. Strike suspended,” Keyamo tweeted.

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