 The Nigeria Labour Congress, NLC, says the new minimum wage may be negotiated to 100,000 Naira, or 200,000 Naira, owing to the rising costs of living, while the Union and the Trade Union Congress had planned to go on strike on Tuesday owing to the impact of fuel-substituted removal. They shelved it following a meeting with government authorities in Abuja late Monday. Federal government grants a wage award of 35,000 Naira, only to all federal government workers, beginning from the month of September, pending when a new minimum wage is expected to have been signed into law. 2. A minimum wage committee shall be inaugurated within one month from the date of this agreement. 3. Federal government suspends collection of value-added tax vats VAT on diesel for six months beginning from October, 2023. The NLC and the TUC accept to suspend for 30 days the planned indefinite nationwide strike scheduled to begin Tuesday, the 3rd of October, 2023, and 15. But according to the president of the NLC, Joe Agiro, the move was to give the government time to fulfill its part of the agreement reached with organized labor, adding that the 35,000 Naira wage award part of government's offers is not a new minimum wage, which he said may be up to 200,000 Naira. We have a sign-to-sign agreement that government will act in utmost good faith. We sign this agreement with the belief that every single item in this agreement are implemented. Every single item in this agreement, we are extremely serious about them, and we wish to also reiterate that we are expecting a 100% implementation and not a 99%. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.