Business
Fuel subsidy: Labour, FG resume negotiations
Representatives of the Federal Government and the leadership of the Nigeria Labour Congress, NLC, will on Monday, today, resume talks on petrol subsidy removal palliatives.
Recall that following the removal of the fuel subsidy on May 29, the NLC had threatened to shut down the country’s economy by embarking on industrial action.
However, on June 5, NLC announced the suspension of its planned strike after a series of meetings with the federal government.
The NLC and the Trade Union Congress, TUC, however, made some demands which would cushion the effect of the hike in fuel price and other essential commodities caused by the subsidy removal.
READ ALSO: Fuel subsidy removal: Nigerians ‘ll no longer suffer petrol queues —Tinubu
The union threatened that it would not hesitate to call out workers for industrial action, adding that it only suspended its planned strike.
It stated that the high cost of fuel was inflicting unbearable hardship on Nigerians, adding that the government must act fast with respect to providing palliatives, as the NLC said it was expecting an increase in the minimum wage from N30,000 to N150,000.
It is expected that the both parties would harmonize some of the demands in the meeting scheduled for 4pm today.
According to the Permanent Secretary, Federal Ministry of Labour and Employment, Kachallom Daju, the parties will reconvene at the presidential Villa, Abuja.
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