The Nigeria Labour Congress (NLC), on Monday, called off its industrial action originally scheduled to begin at 12am on Tuesday.
Recall that labour, under the leadershup of Ayuba Wabba, has been demanding for the raise of the national minimum wage from N18,000 to N30,000.
Wabba, in an announcement made in Abuja very late on Monday night, explained that after the second leg of the marathon meeting of the tripartite committee constituted by the Federal Government to decide a new national minimum wage.
“The tripartite negotiating committee, as rightly put by the chairperson, has, this period, concluded its assignment; agreements have been reached, and also documents have been signed,” Wabba said.
“The report will be submitted to Mr. President tomorrow by 4:15pm. Therefore, organised labour, we want to use this medium to thank all the tripartite partners for their understanding, and importantly for concluding this important national assignment.
“And having reached this position, and also the fact that the assignment has been concluded, the organised labour also decided that the proposed strike action is hereby suspended.”
Ama Pepple, Chairman of the committee, added: “I am happy to report to you that we have concluded our assignment and we will submit our report to the President by 4.15pm on Tuesday.
“We will reveal the figure at the presentation.”