The Labour Unions, NLC and TUC have suspended their planned nationwide strike scheduled to hold today.
The two major Unions in Nigeria has scheduled September 28 for a nationwide rally to protest increases in the prices of petrol and electricity.
The Federal government and the labour unions reached an agreement on electricity tariff and the planned industrial action has been suspended.
The new agreement, according to the Minister of Labour and employment (State) Festus Keyamo involves the suspension of the new electricity tariff hike for two weeks.
Keyamo in a tweet announced that the agreement was reached at 2:53 am and government has also promised to roll out palliative in two weeks.
“FG & LABOUR reached agreement at 2:53am. Deregulation to stay as Govt rolls out palliatives for labour (details in 2 weeks); Electricity tariffs suspended by Govt for 2 weeks with a joint Committee headed by @fkeyamo to examine the justification for the new policy. Strike suspended.”
Find below details of the agreement reached.