A signed resolution of the agreement stated that Nigeria’s largest labor union had decided, following a meeting with the government on Monday evening, to postpone an upcoming indefinite strike in opposition to the elimination of a well-liked decades-old gasoline subsidy.
Before the Nigeria Labour Congress (NLC) began its strike on June 7 and gasoline prices nearly tripled as a result of the subsidy removal last week, the government was granted a court injunction preventing them from going on strike.
The Trade Union Congress (TUC), despite not having officially called for a strike, was also mentioned.
President Bola Tinubu promptly ended the expensive subsidy, which had been in place since the 1970s, after assuming office, setting up a union outcry.
When Nigeria attempted to implement a similar strategy in 2012, a wave of strikes followed.