Less than 24 hours after announcing nationwide protests against the removal of fuel subsidies, the Organised Labour Union has decided to suspend its nationwide strike action. This decision comes following a crucial meeting with President Bola Tinubu.
A senior source within the Organised Labour Union confirmed to Vanguard that the strike suspension was a result of the meeting with President Tinubu, during which he pledged immediate action on some of the key issues raised by the Labour leaders.
The Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) had initiated a national industrial action to advocate for their demands against the removal of fuel subsidies.
In an attempt to address the concerns of the Labour Union, President Tinubu made a national broadcast to the Nigerian people a day before the strike declaration. During the broadcast, he outlined his administration’s efforts in mitigating the challenges brought about by the fuel subsidy removal. However, the broadcast faced criticism from the NLC, who disputed the Federal government’s claims of saving N1 trillion through the subsidy removal.
The suspension of the strike indicates a potential resolution to the ongoing dispute between the government and the Labour Union. Further developments are expected as the situation unfolds.