Nigerians can at least heave a sigh of relief as the proposed 'mother of all strikes' has been called off.

The organised labour called off its industrial action originally scheduled to begin at 12am on Tuesday.

Ayuba Wabba, National Chairman of the Nigeria Labour Congress (NLC), made the announcement in Abuja very late on Monday night — minutes before the industrial action was to kick off.

This was after the second leg of the marathon meeting of the tripartite committee constituted by the Federal Government to decide a new national minimum wage.

"The tripartite negotiating committee, as rightly put by the chairperson, has, this period, concluded its assignment; agreements have been reached, and also documents have been signed," Wabba said.

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"The report will be submitted to Mr. President tomorrow by 4:15pm. Therefore, organised labour, we want to use this medium to thank all the tripartite partners for their understanding, and importantly for concluding this important national assignment. 

“And having reached this position, and also the fact that the assignment has been concluded, the organised labour also decided that the proposed strike action is hereby suspended.”

Even though neither party disclosed to the media exactly what agreement had been reached, it was gathered that the Tripartite Committee set up by the Federal Government agreed on N30,000 new minimum wage.

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