This resolution was made after a lengthy six-hour meeting between the Federal Government, organized labour, and key stakeholders at the Presidential Villa, Abuja.
The announcement was made by Femi Gbajabiamila, the Speaker of the House of Representatives, and confirmed by Joe Ajaero, the President of the Nigerian Labour Congress.
During the meeting, several important decisions were reached, including a 7-point resolution addressing the concerns surrounding the removal of petrol subsidy.
Additionally, a joint committee consisting of representatives from the Federal Government and organized labour will be established to thoroughly review proposals for an upward wage increase.
Furthermore, the cash transfer scheme financed by the World Bank will be subject to a review aimed at incorporating low-income earners into the program.
The parties involved have set a date of June 19, 2023, to reconvene and finalize an implementation framework for the agreed-upon resolutions.
Hitvibz understands that the Industrial Court had earlier issued an order preventing the organized Labour from proceeding with the strike and postponed any additional hearings on the issue until June 19.
Stay tuned for more updates on this matter.