The Nigeria Labour Congress and the Trade Union Congress have suspended the strike scheduled to commence today (Monday).
This followed an agreement reached with the Federal Government at a meeting which started at 8.30pm on Sunday and ended at 2:50am this morning.
After exhaustive deliberations on the issues raised by the labour centres, the meeting agreed to suspend the application of the cost-reflective electricity tariff adjustments for two weeks.
The Minister of Labour and Employment, Chris Ngige, read the five-page communique signed by the representatives of the government and labour.
The NLC President, Ayuba Wabba; and his TUC counterpart, Quadri Olaleye, amongst others signed on behalf of Organised Labour while the Minister of Labour, Chris Ngige; Minister of State Petroleum, Timipre Silva; Minister of State Labour and Employment, Festus Keyamo (SAN); Minister of Information, Lai Mohammed; and the Secretary to Government of the Federation, Boss Mustapha and others, signed on behalf of the government.
The National President of the Trade Union Congress, Quadri Olaleye, confirmed the development to Punchover the phone on Monday morning.
Olaleye said, “Definitely correct. We just left a press conference. We signed a document to suspend the action for two weeks for the government to implement those things that we agreed in the agreement. So, we are suspending for two weeks.
“We don’t need a notice again to re-convene if there is a need to do that.”
The parties agreed to set up a technical committee comprising Ministries, Departments, Agencies, NLC and TUC.