The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have suspended the planned strike to commence on Wednesday over the removal of the petrol subsidy.
The organised labour announced the suspension of the proposed nationwide strike and mass protest after a meeting of its leaders and representatives of the federal government.
The labour centres and the federal government are to reconvene on June 19 to further the negotiation.
Candidrepotrs.com earlier reported that NLC and the representatives of the federal government team were meeting over the fallout of the petrol subsidy removal.
Joe Ajaero, president of the NLC, and his team arrived at the presidential villa at about 5:45 pm on Monday.
The NLC was absent at the meeting between the government representatives and organised labour on Sunday.
Representatives of the Trade Union Congress (TUC) were however in attendance.
Shortly after the commencement of Monday’s sit-down, national industrial court had restrained TUC and NLC from embarking on the industrial action.
Delivering the ruling on Monday, Olufunke Anuwe, the presiding judge, said the unions should halt the planned strike pending the hearing and determination of the ex parte motion filed by the federal government.
During his inauguration speech on May 29, President Bola Tinubu declared that “petrol subsidy is gone”.
The president’s pronouncement immediately led to a resurfacing of queues at petrol stations and a hike in the pump price of the product across the country.