Home News FG, Labour resume negotiations on subsidy removal

FG, Labour resume negotiations on subsidy removal

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Federal Government representatives and Labour leaders will today resume talks on petrol subsidy removal palliatives, it was confirmed yesterday.

Both parties are expected to harmonise some of the demands put forward by the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC).

According to the Permanent Secretary, Federal Ministry of Labour and Employment, Kachallom Daju, the parties will reconvene at the presidential Villa, Abuja, by 4 pm.

Daju said: “Yes, the meeting will hold on Monday (today) at the Presidential Villa by 4 pm”.

On 5th June, the organised Labour announced the suspension of its planned strike over the removal of subsidy on petroleum by the Federal Government.

The NLC served a strike notice, the day after President Bola Tinubu declared, in his inauguration address, that “fuel subsidy is gone”.

The president’s speech triggered a knee-jerk reaction from petrol marketers, who immediately hiked petrol pump prices at filling stations.

The NNPC Limited subsequently released a price template for the pump price of petrol for its outlet stations.

To avoid the strike, the government invited Labour leaders for dialogue on the way forward.

In the course of negotiations, the Labour centre tendered its demands to cushion the effect of the pump price increase.

One of the demands was an increase in the minimum wage for workers to N200,000.

In response, the government team agreed to consider the demands put forward by organised Labour.

Both sides agreed to resume talks on the demands this week.

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