ABUJA, Nigeria – Representatives of the Federal Government and the Nigeria Labour Congress, NLC, are set to resume talks on Monday, June 19, 2023, on palliatives following the removal of the petrol subsidy.
This follows a previous threat by the NLC to instigate an economy-wide strike in protest of the subsidy’s removal.
The government’s decision to abolish the fuel subsidy on May 29, 2023, prompted the NLC to warn of an impending industrial action that could paralyze the nation’s economy.
However, the labor union suspended its planned strike on June 5, 2023, after a series of negotiations with the government.
The NLC, in conjunction with the Trade Union Congress, TUC, proposed certain measures to mitigate the impact of the increase in fuel price and other essential commodities caused by the subsidy removal.
Today’s 4 pm meeting, to be held at the Presidential Villa in Abuja, aims to find common ground on some of these demands.
The Permanent Secretary of the Federal Ministry of Labour and Employment, Kachallom Daju, confirmed the planned rendezvous.
The discussions between the Federal Government and the labor unions symbolize a critical phase in Nigeria’s economic trajectory.
Reaching a consensus on these issues could have far-reaching implications for the country’s economy and the living standards of its populace.
