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The Kano State council of NLC had issued a seven-day ultimatum for the government to revert the March salary to N30,000 minimum wage, after which three days warning strike would be declared.
But the Kano State Government declared that it will not be able to pay the N30,000 minimum wage for the month of March, citing dwindling monthly FAAC allocation.
NLC national president Comrade Ayuba Waba, who disclosed the withdrawal of the strike while addressing journalists early morning Thursday, declared the new development was reached after an emergency meeting held with four delegations of the state government led by head of service, Binta Lawan Ahmed.
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NNPC Tankers
A coalition of Civil Society Organisations (CSOs), yesterday, in Abuja expressed concern over possible return of scarcity of Premium Motor Spirit (PMS), otherwise called petrol, as intrigues grow over the deregulation of the petroleum industry.
The CSOs, which vehemently opposed the position of Labour unions, especially the Nigerian Labour Union and the Trade Union, noted that any attempt to reverse the deregulation of the downstream sector would send Nigeria’s economy into coma and leave decades of economic woes.
With queues already returning to some parts of the Federal Capital Territory, as fuel stations are already closing down, while black marketers are surfacing in some parts, the CSOs, led by the convener, Timothy Ademola, stressed that the market stabilisation witnessed in the past one year of deregulation, remained an indication that full deregulation is the way to go, if Nigerians would enjoy the benefits of their hydrocarbon wealth.
• Labour insists decisions must reflect interest of Nigerians
As the 36 governors meet today to decide on whether or not to increase the pump price of petrol, energy experts, civil society organisations and marketers have expressed concerns over attempts to reverse the deregulation of the downstream petroleum sector.
This is coming as oil price, yesterday, soared to $67 per barrel, a development that could further increase retail price of petrol, although it is positive for the Excess Crude Account and the 2021 budget.
Stakeholders said liberalisation of the downstream sector, including removal of subsidy, were necessary steps in reviving the downstream sector. They also maintained that taking clear decisions on how to implement minimum wage across the 36 states, providing other palliatives to cushion impacts, as well as proper use of subsidy should be critical for the governors.