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On October 1, 2023, the Federal Government of Nigeria held a meeting with the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) to address the dispute arising from the removal of subsidy on Premium Motor Spirit (PMS).
During the meeting, several agreements were reached.
The Federal Government announced a provisional wage increment of N25,000 for all treasury-paid federal government workers for six months.
They also committed to fast-tracking the provision of Compressed Natural Gas (CNG) buses to ease public transportation difficulties caused by the subsidy removal.
Additionally, the government pledged to provide funds for micro and small-scale enterprises and waive VAT on diesel for the next six months.
Furthermore, the government agreed to commence payment of N75,000 to 15 million households at N25,000 per month for a three-month period from October to December 2023.
The parties also acknowledged that the issues in dispute can only be resolved when workers are at work and not when they are on strike.
To further address the concerns, a sub-committee will be formed to work out the details of implementing the government interventions to cushion the effect of fuel subsidy removal.
The NLC and TUC will consider the offers made by the Federal Government and may suspend the planned strike to allow for further consultations on the implementation of the resolutions.
The meeting was chaired by the Chief of Staff to the President, Femi Gbajabiamila, and attended by several government ministers and officials.
The labour delegation was led by NLC President, Joe Ajaero, and TUC Deputy President, Dr. Tommy Etim Okon, among others.
