Members of the organized labour, including the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), suspended their strike for five days, an NLC leader told our correspondent in Abuja on Tuesday.
The unions are expected to release a statement before starting negotiations with the government.
The strike, which began on Monday, protested the Federal Government’s failure to approve a new minimum wage by May 31 and reverse the increase in electricity tariffs.
After a six-hour meeting with labour leaders in Abuja on Monday night, the Federal Government committed to President Bola Tinubu’s promise to raise the minimum wage above N60,000.
The agreement stated, “The President of Nigeria, Commander-in-Chief of the Armed Forces, is committed to establishing a National Minimum Wage higher than N60,000; and the Tripartite Committee will convene daily for the next week to finalize an agreeable National Minimum Wage.”
The organized labour also agreed to “immediately hold meetings of its organs to consider this new offer, and no worker would face victimization as a consequence of participating in the industrial action.”
These resolutions were signed on behalf of the Federal Government by Minister of Information and National Orientation, Mohammed Idris, and Minister of State for Labour and Employment, Nkeiruka Onyejeocha.