Nigeria Labour Strike to End as Government Agrees to Higher Minimum Wage

Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) went on an indefinite strike on Monday, June 3rd, crippling the economy.

The strike was due to disagreements with the government over raising the minimum wage and lowering electricity costs.

After 24 hours of disruption, the government and labour unions reached a deal to suspend the strike.

Key points of the agreement:

Government commits to a higher minimum wage than the current N60,000 (around $133).

A committee will meet daily for the next week to negotiate a final wage increase.

Labour unions will consider the government's offer and likely suspend the strike on Tuesday.

No worker will be punished for participating in the strike.

Overall, this agreement puts an end to the immediate strike and opens the door for further negotiations on a new minimum wage.