For a period of six months, all federal employees who are paid by the treasury will get a provisional wage award of N35,000 from President Bola Tinubu.
This was disclosed in a statement released on Sunday in Abuja by Malam Mohammed Idris, Minister of Information and National Orientation.
This, he claimed, was the result of talks held at the Presidential Villa between the federal government and the union leaders.
The Federal Government also vowed at the meeting to expedite the delivery of compressed natural gas (CNG) buses to ease public transport caused by the elimination of PMS subsidy.
Additionally, the federal government promised to provide cash for micro and small businesses and to waive the VAT on diesel for the ensuing six months.
A payout of N75,000 to 15 million households at a rate of N25,000 per month for the three months of October through December was also announced.
Highlights of the decision made at the meeting, according to Nigerian Tribune Online, include:
The Federal Government is advising the labour unions against going on strike since the issues in contention can only be settled while employees are at work.
Higher wage awards were argued for by the labour unions.
To determine the specifics of implementing all government measures to mitigate the effects of the termination of gasoline subsidies, a subcommittee will be established.
The issue involving the National Union of Road Transport Workers (NURTW) and the Road Transport Employees Association of Nigeria (RTEAN) in Lagos State will be promptly resolved.
The Federal Government’s offers will be taken into consideration by the NLC and TUC with the goal of postponing the strike in order to allow for more discussions regarding the implementation of the reached resolutions.
Govs. Dapo Abiodun of Ogun and Gov. Abdulrazak Abdulrahman of Kwara, who is the Chairman of the Nigeria Governors Forum (NGF), both took part virtually in the meeting, which was presided over by Femi Gbajabiamila, the Chief of Staff to the President.
Wale Edun, the minister of finance and coordination of the economy, Mohammed Idris, the minister of information and national orientation, Simon Lalong, Nkeiruka Onyejeocha, the minister of labour, and Abubakar Bagudu, the minister of budget and economic planning, were also present.
Others include Dr. Folasade Yemi-Esan, Head of Service of the Federation, Minister of Humanitarian Affairs and Poverty Alleviation Betta Edu, Minister of Industry, Trade and Investment Doris Uzoka-Anite, and National Security Adviser (NSA) Malam Nuhu Ribadu.
The NLC President, Joe Ajaero, the TUC Deputy President, Dr Tommy Okon, the NLC General Secretary, Emma Ugboaja, and the TUC General Secretary, Nuhu Toro headed the labour delegation.