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Nigeria’s labour unions suspend indefinite strike for 30-days

Nigeria’s labour unions suspend indefinite strike for 30-days

After last-minute talks with President Bola Tinubu’s administration, which had warned that the action could harm the economy, Nigeria’s largest labor federations announced on Monday that they were suspending an indefinite strike that was scheduled to begin on Tuesday.

Since president Tinubu removed a long-standing fuel subsidy and allowed the naira to depreciate, which resulted in soaring prices in the Africa’s largest economy and major oil producer, he is under pressure to ease economic problems.

In order to prevent the strike, the government also agreed to a temporary wage increase for government workers, a three-month income subsidy for 15 million poor households, and a suspension of the value-added tax on diesel.

Joe Ajaero, the leader of Nigeria Labour Congress, told reporters that;

“After 30 days if these issues are not implemented … it will show bad faith on the side of government.”

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