The organised labour has suspended the strike scheduled to commence Monday morning after reaching a compromise with the federal government.
The Nigeria Labour Congress and the Trade Union Congress suspended the strike after an agreement was reached with the Federal Government.
The reached a truce at a meeting which started at 8.30pm on Sunday and ended at 2:50am this morning.
After intensive deliberations on the issues raised by the labour centres, the meeting agreed to suspend the application of the cost-reflective electricity tariff adjustments for two weeks.
The Minister of Labour and Employment, Chris Ngige, read the five-page communique signed by the representatives of the government and labour.
The NLC President, Ayuba Wabba; and his Trade Union Congress counterpart, Quadri Olaleye, amongst others signed on behalf of Organised Labour while the Minister of Labour, Chris Ngige; Minister of State Petroleum, Timipre Silva; Minister of State Labour and Employment, Festus Keyamo (SAN); Minister of Information, Lai Mohammed; and the Secretary to Government of the Federation, Boss Mustapha and others, signed on behalf of the government.
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