President Bola Tinubu has approved N35,000 provisional wage award for all treasury-paid federal government workers for six months.
This followed further consultations with the Federal Government delegation that met with the leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) earlier on Sunday.
It will be recalled that at the meeting between both parties, the Federal Government pledged its commitment to fast-track the provision of Compressed Natural Gas (CNG) buses to ease public transportation difficulties associated with the removal of PMS subsidy.
The Federal Government also committed to the provision of funds for micro and small-scale enterprises as well as waivers on VAT on diesel for the next 6 months.
Furthermore, the Federal Government announced that it will commence payment of N75,000 to 15 million households at N25,000 per month, for a three-month period from October-December 2023.
In light of the discussions held during the meeting between the Federal Government and Labour representatives, the following were the major highlights:
i) The Federal Government urged the Labour unions not to embark on strike action as the issues in dispute can only be resolved when workers are at work.
ii) Labour Unions made case for higher wage award.
iii) A sub-committee to be constituted to work out the details of implementation of all items regarding government interventions to cushion the effect of fuel subsidy removal.
iv) The lingering matter of Road Transport Employees Association of Nigeria (RTEAN) and National Union of Road Transport Workers (NURTW) in Lagos State needs to be addressed urgently.
v.) NLC and TUC will consider the offers by the Federal Government with a view to suspending the planned strike to allow for further consultations on the implementation of the resolutions above.