The Nigerian Labour Congress, in the early hours of today, Tuesday 6th November 2018 called off its nationwide strike which would have paralyzed the various sectors of the economy. The strike was as a result of the Labour Union’s agitations for a new national minimum wage of N30,000. The National Chairman of the Nigeria Labour Congress, Ayuba Wabba, announced the suspension at the end of the last meeting of the tripartite committee set up to come up with the new minimum wage on the evening of the 5th November. The Federal Government had offered to pay N24,000 while some state governments were offering less.
While briefing journalists on Monday night, Mr. Wabba said that the tripartite negotiating committee had concluded its assignment and reached an agreement. It is expected that the report will be submitted to the President later today, 6th November 2018. The Federal Government and Labour had been at loggerheads over the demand for a new minimum wage with Labour maintaining that the current minimum wage of N18,000 was paltry and no longer acceptable. Whether an amount has been agreed as the new minimum wage between the Federal Government and Labour Congress and what the amount is, remains to be confirmed.
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