The two major labour groups in Nigeria have suspended their planned nationwide protest scheduled to hold today.
The Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) had scheduled September 28 for a nationwide rally to protest increases in the prices of petrol and electricity.
Part of the agreement reached include reversal of the new electricity tariff for a period of two weeks pending the outcome of a technical Committee. The committee is collaborating on the new tariff regime metering among others for more understanding.
In a communique signed by the minister of labour employment, chris Ngige as both organised labour and government agreed that another steering committee be set up on the petroleum downstream to ensure the nation reduces importation by fixing the existing refineries.
Other agreements reached include A specific amount to be unveiled by the federal government in two weeks’ time which will be isolated from the Economic Sustainability Programme Intervention Fund and be accessed by Nigerian Workers with subsequent provision for 240,000 under the auspices of NLC and TUC for participation in agricultural ventures through the CBN and the Ministry of Agriculture. The timeline will be fixed at the next meeting.
Agreements were reached that the Federal Government will facilitate the removal of tax on minimum wage as a way of cushioning the impacts of the policy on the lowest vulnerable.
Also agreed is that the Federal Government will make available to organized labour 133 CNG/LPG driven mass transit buses in the country and upscale-upon the major cities across the Country on a scale up basis thereafter to all States and Local Governments before December 2021.
The meeting equally agreed that 10% be allocated to Nigerian workers under the ongoing Ministry of Housing and Finance initiative through the NLC and TUC.
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