The organised labour at the 11th hour yesterday suspended the planned indefinite nationwide strike earlier scheduled to begin today.
The decision is to give the federal government time to implement spelt out programmes aimed at cushioning the hardship caused by the removal of fuel subsidy.
The suspension, which is for a period of 30 days, followed a Memorandum of Understanding (MOU) reached between the labor unions and the federal government at the Presidential Villa.
The strike notice had been issued by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC in response to the withdrawal of subsidy on Premium Motor Spirit (PMS) by the federal government, leading to an increase in fuel prices.
Key points of the MOU include: “The federal government’s commitment to a wage award of N35,000 for all Federal Government workers, starting from September, until a new national minimum wage is enacted.
“The establishment of a minimum wage committee within one month from the date of the agreement.
