News update on nlc strike

Here's a news update on the NLC strike:

Latest Update:

The Nigeria Labour Congress (NLC) has suspended its nationwide strike, which began on September 28, 2022, after reaching a tentative agreement with the Federal Government.

Background:

The NLC embarked on the strike to protest the non-implementation of the new minimum wage, poor working conditions, and the non-payment of salaries and allowances to workers. The strike had disrupted economic activities across the country, with many businesses and institutions forced to shut down.

Agreement Reached:

According to reports, the NLC and the Federal Government have agreed to the following terms:

  1. The Federal Government will pay the outstanding salaries and allowances owed to workers.
  2. The government will implement the new minimum wage of N30,000 per month for all workers.
  3. The government will review the pension scheme to ensure that retirees receive their entitlements promptly.
  4. The government will establish a committee to investigate the non-payment of salaries and allowances to workers.

Reaction:

The NLC has welcomed the agreement, saying it is a major victory for workers. The union's President, Ayuba Wabba, described the agreement as a "historic" achievement that will benefit millions of workers across the country.

Next Steps:

The NLC has called off the strike, effective immediately. The union has also agreed to work with the government to implement the agreed terms. The government has also promised to set up a committee to monitor the implementation of the agreement.

Impact:

The suspension of the strike is expected to have a positive impact on the economy, as businesses and institutions can now resume normal operations. The agreement is also expected to improve the welfare of workers, who have been struggling with poor working conditions and non-payment of salaries and allowances.

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