Tag: Strike

  • NLC strike: FG shifts ground on N60,000 minimum wage

    NLC strike: FG shifts ground on N60,000 minimum wage

    The Federal Government says, in the national interest,  it is ready to offer higher than N60,000 national minimum wage it earlier proposed to the tripartite committee deliberating on the issue.

    The government decision was disclosed at a meeting of the committee convened Monday night by the Secretary to the Government of the Federation, after the organised labour embarked on indefinite strike to press its demand on the national minimum wage.

    In a circular jointly issued by the committee members at the end of the meeting, and made available to newsmen, it was disclosed that President Bola Tinubu expressed his commitment to a national minimum wage that is higher than N60,000”.

    “Arising from the above, the Tripartite Committee is to meet everyday for the next one week with a view to arriving at an agreeable national minimum wage”.

    ”Labour in deference to the high esteem of the President, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria’s commitment in above undertakes to convene a meeting of its organs immediately to consider this commitment.

    “The committee also resolved that no worker will be victimised as a result of the industrial action,” the circular read in part.

    In attendance at the meeting  were: Mohammed Idris, Minister of Information and National Orientation, Nkeiruka Onyejeocha, Minister of State for Labour and Employment.

    For the Organised Labour: Joe Ajaero, President, Nigeria Labour Congress (NLC), Festus Osifo, President, Trade Union Congress (TUC).

    It will be recalled that following the negotiation by the tripartite committee on national minimum wage  and subsequent withdrawal of Labour from negotiation and it’s indefinite strike, the government had convened the meeting with labour.

  • Trading continues on NGX amid strike, investors lose N102.55bn

    Trading continues on NGX amid strike, investors lose N102.55bn

    Opening the week, the equity market halted last session’s winning streak as investors lost N102.55 billion, following sell-offs in Tier-one banking stocks and cautious trading.

    Specifically, sell-offs in FBN Holdings, United Bank For Africa (UBA) and Access Corporation, Fidelity Bank, Transnational Corporation, Nigerian Breweries, WAPCO, ETranzact, among other declined stocks, drove the market’s weak performance.

    Consequently, the market capitalisation which opened at N56.172 trillion, lost N103 billion or 0.18 per cent to close at N56.069 trillion..

    The All-Share Index also shed 0.18 per cent or 112 points, to settle at 99,118.86, as against 99,300.38 recorded on Friday.

    As a result, the Year-To-Date (YTD) return fell to 32.56 per cent.

    However, while investors traded cautiously, the losses recorded on the Exchange was not related to the ongoing indefinite strike embarked upon by workers under the auspices of Nigeria Labour Congress (NLC) and the Trade Union Congress(TUC).

    Reacting, a Stockbroker with Global View Capital Ltd., Mr Haruna Kebira, said that trading on the Exchange was not usually affected by such national industrial actions, except public holidays declared by the Federal Government.

    Kebira explained that this was because the Exchange Group did not belong to any workers’ union, hence labour union leaders usually did not interrupt trading on the floor of the Exchange during strikes.

    The stockbroker noted that the first week of a new month usually experienced a slowdown of activities that might lead to such losses experienced at the day’s trading.

    He stated that the bullish run that dominated the equity market last week was as a result of month-end effect activities.

    “The market is expected to pick up positively by mid-week.

    “The month of June is usually positive for the market, because investors who just received their dividends are investing back into the market, so the market will surely bounce back,”Kebira said.

    However, the market breadth closed positive with 23 gainers and 17 losers on the floor of the Exchange.

    On the gainers’ table, Cornerstone Insurance and Deap Capital Management and Trust Plc led by 10 per cent each to close at N2.09 and 44k per share respectively.

    Oando followed by 9.75 per cent to close at N12.95, Veritas Kapital Assurance rose by 8.47 per cent to close at 64k and RTBriscoe gained 8.33 per cent to close at 52k per share.

    On the other hand, ETranzact led the losers’ table with 9.82 per cent to close at N5.05 while Unity Bank trailed closely by 9.80 per cent to close at N1.38 per share.

    Jaiz Bank declined by 9.65 per cent to close at N2.06, McNichols Plc shed 9.09 per cent to close at N1.00 and Japaul Gold lost 4.78 per cent to close at N1.99 per share.

    Analysis of the market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 38.92 per cent.

    A total of 349.59 million shares valued at N5.24 billion were exchanged in 8,082 deals, compared to 434 million shares valued at N8.58 billion exchanged in 8,525 deals posted in the previous session.

    Veritas Kapital led the activity chart in volume with 57.95 million shares worth N35.94 million, while Guaranty Trust Holding Company (GTCO) followed by N47.63 million shares valued at N47.63 billion to lead in value.

    Access Corporation traded 46.32 million shares valued at N796.32 million, AIICO Insurance transacted 30.71 million shares worth N30.79 million and Regency Alliance Insurance sold 14.55 million shares worth N5.64 million.

  • BREAKING: Defence HQ clarifies presence of Army at SGF’s residence

    BREAKING: Defence HQ clarifies presence of Army at SGF’s residence

    The Nigerian defence headquarters has made clarifications on the presence of army at the venue of the meeting between organised labour and the federal government at the premises of the Secretary to the Government of the Federation (SGF).

    TheNewsGuru.com (TNG) reports SGF George Akume had called for an urgent meeting on Monday with the leaders of the organised labor in response to the ongoing nationwide strike ahead of  Tuesday’s meeting called by the Federal Government’s National Salaries, Incomes and Wages Commission.

    Shortly after the meeting commenced, the Nigeria Labour Congress (NLC) raised an alarm that military men had surrounded the venue of the meeting with the federal government over minimum wage negotiations.

    “Soldiers are presently surrounding the venue of the meeting between Labour and Government at the premises of the SGF. Any attempt to intimidate, provoke or blackmail our leaders at the negotiation table, would be resisted and strike action would further be prolonged.

    “Any attempt to intimidate, provoke or blackmail our leaders at the negotiation table would worsen the issue and further prolong our action indefinitely. Our leaders are acting in accordance with directives of our organs,” NLC posted via its official X (formerly Twitter) account.

    However, in a swift response, the defence headquarters said that the soldiers currently surrounding the venue of the ongoing meeting between NLC and the SGF, accompanied the National Security Adviser (NSA), Mallam Nuhu Ribadu, who is also attending the meeting.

    “The attention of Army Headquarters has been drawn to a false breaking news by NLC alleging that soldiers currently surround the venue of the ongoing meeting between NLC and the SGF.

    “Kindly note that the NSA, Mallam Nuhu Ribadu, who is also attending the meeting, arrived at the meeting venue with his retinue of statutorily approved military escorts. Once the meeting is over, the escorts will lead the NSA from the venue.

    “Kindly disregard the deliberate and misleading falsehood being peddled about the presence of the escorts at the meeting,” the Army stated via Facebook.

  • End strike, return to negotiating table – FG urges Labour

    End strike, return to negotiating table – FG urges Labour

    The Federal Government has appealed to the NLC and TUC  to call off the ongoing strike and return to negotiation table to arrive at befitting minimum wage for workers.

    The Minister of Information and National Orientation, Alhaji Mohammed Idris, made the appeal at a news conference on Monday in Abuja.

    The briefing was addressed by Idris in company of the Minister of State for Labour, Mrs Nkiruka  Onyejiocha and the Special Assistant to President Bola Tinubu on Information and Strategy, Mr Bayo Onanuga.

    According to Idris, the Tripartite-Committee comprised of the governments, organised labour and the private sector but it was only the organised labour that opted out to embark on strike.

    He explained that, the country belongs to all Nigerians, and that “power grid does not know political party, tribe or religion, adding that when it is shut down, it affects all Nigerians” .

    “We are making a heartfelt and deeply considered appeal to the labour unions to continue along the path of negotiations with the federal and state governments, under the auspices of the tripartite committee.

    “As government, we are desirous of a peaceful outcome, and we will do everything to make this happen.

    “Yesterday, the leadership of the National Assembly met with the Unions. Today, we have offered another invitation to the unions, to meet with us and continue our discussions.

    “We will continue to engage, and make ourselves very available in the context of these negotiations on behalf of the Nigerian people

    “Let me make it clear, that we are not opponents on this negotiating table. We are united by the fact that we want the best for Nigeria and for all 200 million citizens of the country,” Idris said.

    He further explained that the tripartite committee has a responsibility to strike a measured and realistic balance, in the effort to arrive at a new minimum wage for Nigerians.

    According to him, the minimum wage is not only for public sector workers alone, stressing that It will be binding on the private sector as well.

    The Minister added that this reality must be factored into the negotiations.

    “As I have explained earlier, labour’s current proposal of N494,000 is an increase of 1,547 per cent on the existing wage, and translates into an annual wage bill of N9.5 trillion Naira for the federal government alone.

    “This is apart from its cost implications for sub-national governments and private sector employees. Such a wage bill would cripple the Nigerian economy, by leading to massive job losses, especially in the private sector.

    “The National Consumer Credit Scheme and the Nigerian Education Loan Fund (NELFUND) are additional significant demonstrations of a determination to bring relief to the people of Nigeria.

    “We want the labour unions to understand that the relief that Nigerians are expecting, and that they fully deserve, will not come only in the form of increased wages.

    “It will also come as efforts to reduce the cost of living, and to ensure that more money stays in the pockets of Nigerians.

    “The President is firmly committed to doing what is right, reasonable and sustainable regarding these minimum wage negotiations.

    “We call on the labour unions to reciprocate this gesture in the interest of the nation,” Idris said.

  • Minimum wage: Strike not an option, N494,000 unrealistic – LP tells labour

    Minimum wage: Strike not an option, N494,000 unrealistic – LP tells labour

    The Labour Party (LP) in Nigeria has urged workers’ unions to re-negotiate with the government  on new minimum wage rather than embarking on industrial action.

    The National Publicity Secretary of the Labour Party, Mr Obiora Ifoh, made the plea in an interview with NAN on Monday in Lagos.

    He was reacting to the strike declared nationwide strike by the organised labour over its demand for a new minimum wage .

    Ifoh said that strike was not an option because it would cause more hardship and sufferings.

    “Our immediate reaction is that the organised labour should not throw Nigerians into more hardship.

    “Nigerians are already grappling with a lot of challenges and we do not need to exacerbate the situation.

    “I think the demand for N494,000 minimum wage is unrealistic. It is really unrealistic.

    “It is a figure that cannot be sustained because it will imply that Nigeria will take all that money it has to pay the civil servants,” Ifoh said.

    Ifoh said that the labour union should continue to engage  the Federal Government on a figure that would be acceptable to both parties.

    “Negotiation should continue until they get something better.

    “Asking Nigerian workers to stay at home will affect everything ,including the cost of living and Nigerians cannot afford that now.

    “Negotiation is not a one-off thing.

    “If the Federal Government is not willing to go above N60,000 minimum wage , I think that the Organised Labour should work with what is available while it continues to negotiate.

    “We know this government has not gotten it right. It is still trying to test the waters,” the LP spokesman said.

    He said that the party would not want any action  that could further cause hardship.

    NAN reports that despite earlier pleas by the Federal Government for consideration, the organised labour on Monday commenced an indefinite strike  to push for a new national minimum wage for workers.

    The industrial action followed a series of unsuccessful negotiations involving both the Nigeria Labour Congress (NLC), the Trade Union Congress of Nigeria (TUC) and  government’s  representatives .

    Representatives of labour had  on May 28 walked out of the Tripartite Committee meeting on minimum wage after the government increased its offer from N57,000 to N60,000.

    Recall that the government and the Organised Private Sector  had initially proposed ₦48,000, then  ₦54,000 and N57,000, which were all rejected by  labour.

    The organised labour had also proposed  ₦615,000 as new minimum wage, but later came down to  ₦497,000 and then to ₦494,000, to reflect the current rising cost of living.

  • Strike: Workers in Delta comply with directive

    Strike: Workers in Delta comply with directive

    Civil servants  in Delta, on Monday, complied with the directives of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) to begin an indefinite strike.

    The labour unions had handed down the order over the Federal Government’s failure to approve and implement a new minimum wage for workers after the May 31 deadline.

    A correspondent, who monitored workers compliance at the federal and state secretariats in Asaba at 9.00 a.m., reports that most government offices were not opened.

    Also, the State House of Assembly and the State High Court complex were closed and officials of the labour unions were seen enforcing compliance with the directive.

    At the state secretariat, a security official, who did  not want his name published, said that the gates to the premises were locked by officials of the unions on Sunday night.

    He said that the labour enforcement team led by the TUC Chairman, Martin Bolum, returned this morning to check the situation at the secretariat.

    Also, students of public primary and secondary schools in the state, who had gone early to school, were seen returning home due to their teachers’ compliance with the strike.

    In a telephone interview, Bolum told NAN that the unions’ enforcement team had in the early hours of Monday picket some banks, Federal Medical Centre (FMC), Asaba, schools and other establishments in the state capital to ensure total compliance.

    According to reports, police personnel were deployed in strategic locations in Asaba metropolis including the Federal Medical Centre to prevent breakdown of law and order.

  • BREAKING: Fresh details emerge on NASS meeting with labour unions

    BREAKING: Fresh details emerge on NASS meeting with labour unions

    The leadership of the National Assembly (NASS) and Organised Labour made up of Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) held a crucial meeting on Sunday ostensibly to forestall the nationwide strike that commenced today.

    TheNewsGuru.com (TNG) reports President of Senate, Godswill Akpabio; Speaker, House of Representatives, Tajudeen Abass, and other principal officers of both Chambers were present during the meeting.

    Others from the executive side are the Secretary to Government of the Federation, George Akume, Ministers of Labour and Employment, Nkeiruka Onyejeocha, Finance, Wale Edun and Information and National Orientation, Mohammed Idris.

    Also in the hall are budget and national planning minister, Atiku Bagudu, science and technology minister, Uche Nnaji, agriculture and food security minister, Aliyu Abdullahi, and Head of Service of the Federation, Folasade Yemi-Esan.

    Also present, representing Organised Labour, are the President of the Nigeria Labour Congress (NLC); Comrade Joe Ajaero, President of the Trade Union Congress (TUC); Comrade Festus Osifo, and other Labour Leaders.

    The meeting which held late Sunday at the Senate, was at the instance of the National Assembly Leadership, as part of efforts to forestall the effects of a nationwide strike action at this time.

    At the meeting, stakeholders noting that the position of Organised Labour is valid given the general economic situation in the country, agreed on the need for on-going negotiation to continue, allowing for continuous engagement on the issue of wages.

    Organised Labour gave the National Assembly Leadership a period of eight (8) weeks to engage with stakeholders from the Executive. The Labour Leaders however, declined to call off the nationwide strike action in the immediate as they requested more time to consult their respective National Executive Councils (NEC), and organs, in adherence to the Constitution of their Unions.

    In his remarks, the President of the Senate, Senator Godswill Akpabio, cautioned, “While addressing the legitimate concerns of Organised Labour is imperative, we must be mindful that an unsustainable wage increase could trigger inflationary pressures and potentially lead to layoffs. It is crucial that our approach balances the need for fair wages with the overall economic stability of the nation.”

    Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, remarked: “I am sure some would recall what I said during the Independence Anniversary lecture, that one thing that this government and this country can do to eliminate corruption in the long-run is to embrace a ‘living wage.’ There are no two ways about it. But we should also be mindful that the issues of numerous decades cannot be repaired within one day. It will be a gradual process.”

    Among other resolutions reached at the meeting; the Federal Government committed to the immediate implementation of all previous agreements with Labour as authorised by the President. These agreements include the recent Wage Award announced by President Bola Tinubu and the bonus implemented by Government as negotiated by the previous Administration (Amounting to N72,000).

    Government further committed to expediting the ongoing nationwide roll-out of conversion to LNG-operated vehicles and address all challenges relating to the supply chain to bring immediate succor on transportation to Nigerian workers.

    The leadership of the National Assembly was asked to engage and brief the President on the position of Labour and the need to consider a marginal increase in the interim, to accommodate the position of Labour.

    Organised Labour were also charged to deepen advocacy with State Governments and organised private sector to ensure viability and sustainability of the anticipated minimum wage increase.

    Strike: Senate urges FG to continue payment of N35,000 wage award

    Meanwhile, the Senate has urged the Federal Government to continue the payment of N35,000 wage award to workers, following the yet to be concluded negotiations on minimum wage.

    President of Senate, Godswill Akpabio said this at the end of a four hour closed door meeting with leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) and some Ministers over planned industrial action by the union.

    Akpabio also appealed to the union to shelve the proposed strike action in the interest of Nigerians and the nation.

    “We have been making appeal and asked the NLC and TUC to shelve the proposed strike and return to the negotiating table to resolve the issue.

    “I appeal that the strike be suspended for negotiations to continue in the interest of Nigerians and the nation.”

    Minister of Information and National Orientation, Alhaji Mohammed Idris, said that government’s position on the wage award was that it should continue the payment until the negotiations for the minimum wage is concluded.

    “The position of Government is that the Federal Government will continue to pay its workers the wage award of N35,000 that was started in Oct 2023 until a new wage regime is instituted.”

    He said he was optimistic that labour would suspend the proposed strike, following the lengthy conversation with the leadership of the National Assembly, organised labour and the federal government delegation.

    He said that Nigeria could not afford strike at this moment given the challenges faced on the economy.

    Idris said all hands must be on deck to ensure prosperity of the nation as strike was not the best option at this point.

    “And we have pleaded with labour to see reasons with the Federal Government and everybody while the strike cannot continue in the interest of every body.”

    The minister said that government was sensitive to the demand of labour and called on the unions to see reasons to heed to the request of government.

    He said that Nigeria could not afford the payment of N9.5 trillion additional financial burden based on labours” demand of N494,000 demand made by labour as minimum wage for workers.

    However, President of the Trade Union Congress (TUC), Mr Festus Osifo said both parties were aware of what the issues were.

    He said the leadership of the union did do have power to call off the strike, saying that there were processes involved in suspension of an industrial action.

    “We have listened to them, we will take the request of the National Assembly leadership to our organs, because we don’t have power to call off strike.

    “The power to call off strikes lies with our organs, who would sit to decide.”

  • Strike: School owners urge labour, FG to forge common grounds

    Strike: School owners urge labour, FG to forge common grounds

    The National Association of Proprietors of Private Schools (NAPPS) has urged Nigeria union bodies against strike action but resorts for peaceful resolution with the Federal Government.

    The National President of the Association, Mr Yomi Otubela made this plea in a statement made available to newsmen on Sunday in Lagos.

    Otubela said that the association identified with the struggles of the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) to improve the living conditions of workers in affiliated organisations.

    “It is important that we prioritise the well-being of our nation and work towards a peaceful resolution that benefits the workers, the economy, and the overall social fabric of Nigeria.

    “Rather than resorting to industrial action, we encourage both the federal government and the unions to further engage in constructive dialogue, negotiation, and mediation to find a mutually acceptable solution.

    “NAPPS is willing to offer its support and expertise in facilitating the negotiation process to ensure a fair and sustainable resolution for all parties involved,” he said.

    Otubela added that their members were enjoined not to participate in the indefinite strike by NLC/TUC commencing on June 3.

    “A strike action will disrupt the education sector, affecting both students and teachers.

    “Continued stability in the education system is crucial for the growth and development of our nation.

    “The ongoing West African Senior School Certificate Examination (WASSCE) will continue as scheduled by the West African Examinations Council (WAEC).

    “Students are advised to adhere to the original timetable and ensure timely attendance. Take note that other West African countries that are involved in WASSCE won’t wait for Nigerians,” he said.

    Otubela called on school owners and teachers to facilitate a conducive environment for students and staff during this period.

    “Communication channels should be opened and maintained to address any arising issues promptly. You can reach us for help through info@napps.com.ng,” he said.

    The NLC and TUC had declared a nationwide strike beginning from Monday, June 3, over the tripartite committee’s inability to agree on a new minimum wage and hike in electricity tariff.

    Strike: WAEC appeals to NLC, TUC to consider candidates

    The West African Examinations Council (WAEC) has appealed to the organised  labour to consider  students  sitting for  West African  Senior Secondary Certificate Examination, as it plans an indefinite strike.

    The Head of National Office of WAEC, Dr Amos Dangut, who made the appeal in an interview on Sunday in Lagos, said that the council shared in the concerns of the organised labour and those of the entire Nigerian workers.

    According to him, most of WAEC’s employees in Nigeria are  members of the Nigeria Labour Congress (NLC) or Trade Union Congress (TUC), both of which called for the strike scheduled to start on Monday.

    “The attention of the West African Examinations Council (WAEC) has been drawn to a notice of the commencement  of an indefinite strike by NLC and TUC effective Monday, June 3.

    “WAEC shares in the concerns of the generality of Nigerian workers, as most of its employees in Nigeria consist of members of both unions.

    “It is also worthy of mention that the unions have always been partners with WAEC in the successful implementation of its mandate through the years.

    “On this premise, therefore, we wish to, however, gently remind the unions  of the ongoing conduct of the West African Senior School Certificate Examination (WASSCE)  for School Candidates, 2024.

    “The examination commenced in Nigeria and other member-countries of WAEC,  The Gambia, Liberia and Sierra Leone, on April 30, and is scheduled to end by June 24.

    “The  week, June 3 to June 7, is scheduled for the conduct of such papers as Physics, Economics, Government and Civic Education across the federation and some West African countries,” the WAEC boss said.

    According to him, any  disruption in the activities  and arrangements for the conduct of the examination will place candidates at a major disadvantage in their academic pursuits.

    “We hereby appeal to all stakeholders and the unions  to cooperate with the council, as always, to allow the continuous smooth and peaceful conduct of the examination as has been scheduled.

    “We remain committed to excellence and the service of the Nigerian people within the mandate of the council,” he said.

  • Strike: Stay at home – NLC tells Nigerian workers

    Strike: Stay at home – NLC tells Nigerian workers

    The Nigeria Labour Congress (NLC) has advised workers across the country to stay at home as organised labour begins an indefinite industrial strike action today.

    Efforts to call off the strike proved abortive after leadership of the National Assembly (NASS) tried to sway labour unions in a last minute meeting on Sunday.

    “We are on strike! Nigeria workers, stay at home. Yes to a living wage; no to a starvation wage,” NLC posted via X (formerly Twitter) with the caption: “victory comes by struggle, a living wage is possible”.

    In the emergency meeting with leadership of NASS, organised labour disclosed that the strike will continue until the organs of the various labour unions meet to deliberate on the various proposals presented.

    “There are conditions given to us by our NEC [National Executive Council]. We would have been much more happier if this [yesterday] evening we had a great understanding that by tomorrow morning [today] we sign off issues on the minimum wage.

    “As at the last meeting, we were very close to signing off on the minimum wage. Close in the sense that if the figures were right, it is to just prepare a report and sign. It is not something that is that lengthy anymore.

    “But we have listened to them. We will take their pleas to our organs and we will have an organs meeting, taking what they have promised and the pleas that they have made to our organs.

    “for now, we do not have the powers to call off the industrial action. So, the industrial action will continue while we will have a conversation with our respective organs as soon as possible,” Festus Osifo, President of TUC said.

  • NLC strike: Speaker Abbas reacts after truce talk with labour failed

    NLC strike: Speaker Abbas reacts after truce talk with labour failed

    Speaker of the Nigerian House of Representatives, Abbas Tajudeen has opened up following the meeting between leadership of the National Assembly (NASS) and the organised labour.

    TheNewsGuru.com (TNG) reports the NASS leadership held a dying minute meeting with leaders of Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) on Sunday with the view to avert the industrial action, which commences today.

    “As part of our efforts to intervene between the Executive arm of the Federal Government and the organized labour, we, the leaders of the National Assembly, met with them today, especially in view of the planned nationwide industrial action by the latter.

    “We appealed to the organized labour to see reason with the government and shelve the planned industrial action.

    “I also reiterated my stand that the government could eradicate corruption in public offices by paying the workers a ‘living wage.’ But we must admit that the government cannot fix all the perennial issues concerning wages and salaries all at once.

    “We thanked the organised labour for accepting to attend the meeting, to assure Nigerians and the government that all hope is not lost,” Tajudeen wrote via his officially Facebook page shortly after the meeting.

    Meanwhile, in a statement jointly signed by Senator Yemi Adaramodu, Senate Spokesman and Rep. Akin Rotimi Jr., House Spokesman, the NASS disclosed looking to engage both parties in constructive dialogue and explore a variety of solutions in addressing the issues at hand.

    The statement reads: “The National Assembly acknowledges the announcement by Organised Labour, including the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), to commence an indefinite strike action from Monday, June 3, 2024, nationwide.

    “The decision followed the deadlock between the Federal Government and the Labour Unions in agreeing on a new national minimum wage and reversal of the recent hike in electricity tariffs.

    “As a responsive parliament, the leadership of the National Assembly, comprising the President of the Senate, H.E. Senator Godswill Akpabio, and Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, PhD, is taking proactive steps to mediate and avert the impending industrial action, which would have severe repercussions on the populace and economy.

    “From information available to us, the National Assembly notes that both parties have tenable reasons for their respective positions.

    “In view of this, the National Assembly Leadership and the Chairmen of the Senate and House Committees on Labour, Employment and Productivity respectively, Senator Diket Plang, and Rep. Adegboyega Adefarati, are looking to engage both parties in constructive dialogue and explore a variety of solutions in addressing the issues at hand.

    “The 10th National Assembly is committed to ensuring that the interests of all parties are fairly represented.

    “We further urge all stakeholders to remain patient and co-operative as we work diligently to find a mutually acceptable resolution in the best interest of the country”.

    Speaking with leadership of NASS, organised labour said: “We don’t have the right to call off the industrial action approved by our Organs . Thus, the action will continue while we will have a meeting with our organs to relate to them your proposals”.