• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Breaking News

UPDATED: Labour agrees to call off planned strike

Chike Olisah by Chike Olisah
June 5, 2023
in Breaking News, Business News
NLC

Nigeria Labour Congress members protesting

Share on FacebookShare on TwitterShare on Linkedin

The Nigeria Labour Unions (NLC & TUC) have agreed to call off their planned strikes scheduled for Wednesday, June 7th, 2023.

The union agreed to call off the strike after a closed-door meeting with government officials in Aso Rock late on Monday evening (5th of June 2023).

According to Television news station TVC, in attendance were CBN Governor Godwin Emefiele, former Governor of Edo State Adams Oshiomole, former Labour Minister of State Festus Keyamo, and Chief of Staff to the President Femi Gbajabiamila.

RelatedStories

AAM2025: Tinubu calls for PAPSS payment system embracement across Africa for financial integration 

Scholarship programme for Caribbean students to study in Nigeria to begin next academic year- Tinubu 

June 30, 2025
President Tinubu must keep his campaign promise on Nigerian Crypto Industry

President Tinubu to sign four Tax Reform Bills into law on Thursday

June 25, 2025

The outcome of the meeting was announced by the Speaker of the House of Representatives and the incoming Chief of Staff to the President, Femi Gbajabiamila, to the State House correspondents and confirmed by the NLC President, Joe Ajaero, after an almost 6-hour meeting between representatives of the Federal Government and organized labour at the Presidential Villa, Abuja.

Gbajabiamila, while reading the communiqué which was signed by the representatives of the Federal Government and the leadership of the labour unions, stated that an agreement was struck between the NLC, TUC and the team set up by President Bola Tinubu to discuss the issues arising from the subsidy removal.

Highlights of the agreement

The Speaker said the Federal Government, the TUC and the NLC would establish a joint committee to review the proposal for any wage increase or award and establish a framework and timeline for implementation. The communiqué reads:

  • “The Federal Government, the TUC and the NLC would review World Bank Financed Cash transfer scheme and propose inclusion of low-income earners in the programme.
  • “The Federal Government, the TUC and the NLC to revive the CNG conversion programme earlier agreed with Labour centres in 2021 and work out detailed implementation and timing.
  • “The Labour centres and the Federal Government to review issues hindering effective delivery in the education sector and propose solutions for implementation.
  • “The Labour centres and the Federal Government to review and establish the framework for completion of the rehabilitation of the nation’s refineries.
  • “The Federal Government to provide a framework for the maintenance of roads and expansion of rail networks across the country. All other demands submitted by the TUC to the Federal Government will be assessed by the joint committee.
  • “Consequently, the parties agreed follows: The NLC to suspend the notice of strike forthwith to enable further consultations. The TUC and the NLC to continue the ongoing engagements with the Federal Government and secure closure on the resolutions above. The Labour Centres and the Federal Government to meet on June 19, 2023, to agree on an implementation framework.”

What you should know

Nairametrics had earlier reported that representatives of the Federal Government and the leadership of the NLC were meeting at the Presidential Villa, Abuja, for a continuation of the discussions on the removal of petroleum subsidy.

President of the NLC, Joe Ajaero, and members of his national executives arrived at the Presidential Villa around 5 pm on Monday for the meeting.

The government team at the meeting includes the newly appointed Chief of Staff to the President and the outgoing Speaker of the House of Representatives, Femi Gbajabiamila, a former Edo Governor and Senator-elect, Comrade Adams Oshiomhole as well as the Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari.

Meanwhile, the National Industrial Court of Nigeria, Abuja division, had on Monday restrained the NLC and the TUC from embarking on strike over the removal of petrol subsidy.

The Federal Government had asked the court for an interim injunction restraining the labour unions from proceeding on the strike scheduled to begin on Wednesday, June 7, 2023.

Delivering the ruling on Monday, OY Anuwe, the presiding judge, said the unions should halt the planned strike pending the hearing and determination of the ex parte motion filed by the federal government.

 


Follow us for Breaking News and Market Intelligence.
Tags: Adams OshiomoleFemi GbajabiamilaJoe AjaeroNigeria Labour Congress (NLC)President Bola TinubuTrade Union Congress TUC
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

AAM2025: Tinubu calls for PAPSS payment system embracement across Africa for financial integration 
Education

Scholarship programme for Caribbean students to study in Nigeria to begin next academic year- Tinubu 

June 30, 2025
President Tinubu must keep his campaign promise on Nigerian Crypto Industry
Economy

President Tinubu to sign four Tax Reform Bills into law on Thursday

June 25, 2025
Under Tinubu, a blueprint for Nigeria’s consumer credit economy is quietly unfolding 
Business News

‘The era of pit to port must end’ – Tinubu tells West African leaders at WAES2025 

June 21, 2025
Tinubu commissions 37km Lekki Deep Seaport Access Road section built by Dangote 
Business News

Tinubu lauds Dangote refinery, says it’s “a great phenomenon of our time” in Nigeria 

June 6, 2025
Tinubu names Dangote, Otedola, Ovia, Abdulsamad as 4 wisemen of Nigeria’s economy 
Business News

Tinubu names Dangote, Otedola, Ovia, Abdulsamad as 4 wisemen of Nigeria’s economy 

June 6, 2025
FG engages Japan for $110 million food security loan 
Agriculture

FG engages Japan for $110 million food security loan 

June 5, 2025
Next Post
Insights: Targeted safety net programs will protect Nigerians from fuel subsidy removal burdens – KPMG

Insights: Targeted safety net programs will protect Nigerians from fuel subsidy removal burdens – KPMG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 
  • World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 
  • NCC vs MTN: AGF to decide on criminal charges facing CEO Karl Toriola 

Follow us on social media:

Recent News

FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 

FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 

July 2, 2025
World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 

World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 

July 2, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics