The United Labour Congress (ULC) has suspended its nation-wide strike.
Its president, Comrade Joe Ajaero, said the decision followed a meeting with the Minister of Labour and Employment, Chris Ngige, towards meeting its demands.
“The decision to suspend the strike was taken after the meeting with the Federal Government delegation led by the Honourable Minister of Labour in Abuja earlier this morning (Wednesday).
“This is to allow current negotiation with the Federal Government continues in a peaceful atmosphere and avoid the impending hardship which a continuation may have meant for Nigerians.
“All affiliates and state councils throughout Nigeria are requested to suspend action until further notice.
“ULC wishes to thank all that have solidarised with us and those that have shown willingness to join us if the action had continued despite not being our affiliate.
“All parties have agreed to recommence negotiation next week so that areas of disagreement will be addressed adequately,” ULC said in a statement.
Trade unions under ULC last Wednesday issued a final seven- day strike notice to the federal government for failing to meet its demands.
It warned Nigerians to stock up on food ahead of the nationwide industrial action which it said would “cripple” the economy if its demands are not met.
ULC said it reached the decision to embark on strike after an emergency joint meeting of its National Action Committee.