Investogist
No Result
View All Result
Friday, May 9, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

    Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

    President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

    President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

    DSS seals Lagos state house of Assembly speaker and Deputy’s office

    Mojisola Meranda resigns as Speaker of Lagos State House of Assembly.

    EFCC arraign former Abia state Gov Theodore Orji, son for alleged ₦N60.85bn fraud

    EFCC arraign former Abia state Gov Theodore Orji, son for alleged ₦N60.85bn fraud

    COAS increases troops’ daily feeding allowance from N1,500 to N3,000

    COAS increases troops’ daily feeding allowance from N1,500 to N3,000

    DSS seals Lagos state house of Assembly speaker and Deputy’s office

    Impeached speaker Obasa storms Lagos Assembly with security

    UK Prime Minister calls Kemi Badenoch “self-appointed savior of Western civilization”

    UK Prime Minister calls Kemi Badenoch “self-appointed savior of Western civilization”

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Policeman kill driver over N100 bribe in Anambra

    Police apprehend suspect with fabricated beretta pistol in Onitsha

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Breaking: NNPC releases statement on fuel price adjustment

    President Tinubu sacks Mele Kyari, dissolves NNPC Limited’s Board

    Sunny Anene raises his stake in United Capital Plc

    Renaissance completes acquisition of Shell Petroleum Company of Nigeria

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    Meta set to lay off employees in Africa, Europe, Asia

    Meta set to lay off employees in Africa, Europe, Asia

    Release of Oando’s 2019 Annual Financial Statements delayed again

    Oando Plc expands African upstream portfolio with oil block bid win in Angola

    Transcorp Profit after tax in Q1 2021 increase by 2,426% – Investments yielding fruits

    Transcorp Power’s profit surge by 165%, to pay ₦3.50 dividend

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.

    Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.

    ICPC sues El-Rufai’s former adviser, Jimi Lawal, for money laundering

    ICPC sues El-Rufai’s former adviser, Jimi Lawal, for money laundering

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin crosses US$60K, approaches All-Time High

    Bitcoin (BTC) rises above US$80,000

    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

    NGX RegCo suspends Trading of Oando Plc shares

    NGX RegCo approves Livingtrust Mortgage Bank’s free float compliance plan

    SEC approves Busha and Quidax as crypto exchanges in Nigeria

    GTCO is offering a subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at ₦44.50 per share

    GTCO is offering a subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at ₦44.50 per share

    Dangote refinery set to import Crude oil from Brazil

    Dangote refinery set to import Crude oil from Brazil

    Equity market dragged to N188bn loss

    Equity market dragged to N188bn loss

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

    Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

    President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

    President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

    DSS seals Lagos state house of Assembly speaker and Deputy’s office

    Mojisola Meranda resigns as Speaker of Lagos State House of Assembly.

    EFCC arraign former Abia state Gov Theodore Orji, son for alleged ₦N60.85bn fraud

    EFCC arraign former Abia state Gov Theodore Orji, son for alleged ₦N60.85bn fraud

    COAS increases troops’ daily feeding allowance from N1,500 to N3,000

    COAS increases troops’ daily feeding allowance from N1,500 to N3,000

    DSS seals Lagos state house of Assembly speaker and Deputy’s office

    Impeached speaker Obasa storms Lagos Assembly with security

    UK Prime Minister calls Kemi Badenoch “self-appointed savior of Western civilization”

    UK Prime Minister calls Kemi Badenoch “self-appointed savior of Western civilization”

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Policeman kill driver over N100 bribe in Anambra

    Police apprehend suspect with fabricated beretta pistol in Onitsha

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Breaking: NNPC releases statement on fuel price adjustment

    President Tinubu sacks Mele Kyari, dissolves NNPC Limited’s Board

    Sunny Anene raises his stake in United Capital Plc

    Renaissance completes acquisition of Shell Petroleum Company of Nigeria

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    Meta set to lay off employees in Africa, Europe, Asia

    Meta set to lay off employees in Africa, Europe, Asia

    Release of Oando’s 2019 Annual Financial Statements delayed again

    Oando Plc expands African upstream portfolio with oil block bid win in Angola

    Transcorp Profit after tax in Q1 2021 increase by 2,426% – Investments yielding fruits

    Transcorp Power’s profit surge by 165%, to pay ₦3.50 dividend

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.

    Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.

    ICPC sues El-Rufai’s former adviser, Jimi Lawal, for money laundering

    ICPC sues El-Rufai’s former adviser, Jimi Lawal, for money laundering

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin crosses US$60K, approaches All-Time High

    Bitcoin (BTC) rises above US$80,000

    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

    NGX RegCo suspends Trading of Oando Plc shares

    NGX RegCo approves Livingtrust Mortgage Bank’s free float compliance plan

    SEC approves Busha and Quidax as crypto exchanges in Nigeria

    GTCO is offering a subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at ₦44.50 per share

    GTCO is offering a subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at ₦44.50 per share

    Dangote refinery set to import Crude oil from Brazil

    Dangote refinery set to import Crude oil from Brazil

    Equity market dragged to N188bn loss

    Equity market dragged to N188bn loss

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Fuel Subsidy: NLC, TUC suspend planned nationwide strike after meeting with FG

Tuesday, 6 June 2023, 6:48 am
in News, Nigeria
0
NGX suspends trading in the shares of four listed companies
Share Share Share Share Send as Email

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have suspended the planned nationwide strike and mass protests scheduled for Wednesday over the removal of the petrol subsidy.

The suspension was announced by the organised labour after  a meeting of its leaders and representatives of the federal government late Monday night.

The labour centres and the federal government are to reconvene on June 19 for further negotiation.

Meanwhile, the FG on Monday obtained an order from the National Industrial Court (NIC) restraining the NLC and the TUC from embarking on any form of strike.

Investogist reported that the NLC was absent at the meeting between the government representatives and organised labour on Sunday but representatives of the Trade Union Congress (TUC) present.

Here are the resolutions at the Monday meeting between the Trade Union Congress (TUC), Nigeria Labour Congress (NLC), and the Federal Government:

1. The Federal Government, the TUC and the NLC to establish a joint committee to review the proposal for any wage increase or award and establish a framework and timeline for implementation.

2. The Federal Government, the TUC and the NLC to review World Bank Financed Cash transfer scheme and propose inclusion of low-income earners in the program.

3. The Federal Government, the TUC and the NLC to revive the CNG conversion program earlier agreed with Labor centers in 2021 and work out detailed implementation and timing.

4. The Labour centers and the Federal Government to review issues hindering effective delivery in the education sector and propose solutions for implementation.

5. The Labour centers and the Federal Government to review and establish the framework for completion of the rehabilitation of the nation’s refineries.

6. The Federal Government to provide a framework for the maintenance of roads and expansion of rail networks across the country.

7. All other demands submitted by the TUC to the Federal Government will be assessed by the joint
committee.

Consequently, the parties agreed as follows:
A. The NLC to suspend the notice of strike forthwith to enable further consultations.
B. The TUC and the NLC to continue the ongoing engagements with the Federal Government and secure closure on the resolutions above.
C. The Labour Centers and the Federal Government to meet on June 19, 2023, to agree on an implementation framework.

Signed:
Comrade Engr. Festus Osifo, President, TU; Comrade Nuhu Torò, Secretary General; TUC, Comrade Joseph/Ajaero President, NLC; Comrade Emmanuel Ugboaja mni, General Secretary, NLC; Ms. Kachollom S. Daju, Permanent Secretary, Federal Ministry of Labour and Employment; Hon. Femi Gbajabiamila, Speaker House of Representatives.

After due consultations with the Labour Leaders, a consensus leading to the suspension of the planned nationwide strike has been reached. The parties shall continue to dialogue on the implementation of the agreed terms. pic.twitter.com/VrMmlziPu9

— Femi Gbajabiamila (@femigbaja) June 5, 2023

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • New naira notes
    JUST IN: NLC, TUC suspend planned nationwide strike
  • Fuel price,
    NEC advises the suspension of removal of fuel…
  • Suspended
    JUST IN: SSANU, NASU suspend strike after meeting…
  • Air Plane
    Airlines suspend planned operations shut down
Previous Post

The NGX- ASI Declined by 0.03%, as volume traded declined by 18.87%

Next Post

VACANCY: BudgIT Nigeria is hiring across 13 states

Next Post
VACANCY: Egbin Power Plc is recruiting into several positions

VACANCY: BudgIT Nigeria is hiring across 13 states

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2023, qualification and payment dates

How to become a distributor of Dangote Cement

How to become a distributor of Dangote Cement

List of Dividends announced in 2024, qualification and payment dates

List of Dividends announced in 2024, qualification and payment dates

EFCC arraign former Abia state Gov Theodore Orji, son for alleged ₦N60.85bn fraud

EFCC arraign former Abia state Gov Theodore Orji, son for alleged ₦N60.85bn fraud

Breaking: NNPC releases statement on fuel price adjustment

President Tinubu sacks Mele Kyari, dissolves NNPC Limited’s Board

Sunny Anene raises his stake in United Capital Plc

Renaissance completes acquisition of Shell Petroleum Company of Nigeria

Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

UK tightens visa rules for care workers, skilled workers and students

UK tightens visa rules for care workers, skilled workers and students

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved