Nigeria Organized Labour on Tuesday suspended its industrial action for one week.
Channels Television said TUC President Festus Osifo confirmed this in Abuja after a joint extraordinary national executive Council meeting of the Unions.
NLC and TUC declared the strike on Monday May 31 2024 over the failure of the Federal Government to approve new minimum wage and the failure to reverse the hike in electricity tariff.
During the failed talks with the government, labour rejected three government offers, the latest being ₦60,000. The TUC and the NLC subsequently pulled out of negotiations, insisting on ₦494,000 as the new minimum wage.
Both in a bid to halt the strike, the Federal Government and the labour leaders held an hours-long meeting that dovetailed into the night.
TheNewspad reports that NLC and TUC had rejected N60,000 new minimum wage proposed by the federal government.
The development prompted the workers to embark on the strike that grounded critical sectors of the economy.
These include schools, businesses, hospitals, and airports shut. The national grid was also shut down, throwing the nation into darkness.
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