The Federal Government and the Labour on Monday signed a pact to return to the negotiation table on the issue of new minimum wage for workers.
The Federal Government had proposed N60,000 while the Labour had demanded for N494.
At the meeting on Monday summoned by the Secretary to the Government of the Federation, Senator George Akume, Labour amd government signed a pact. FG assured Labour that President Bola Ahmed Tinubu has undertaken to pay a minimum wage that is more than N60,000 as the meeting of the Tripartite Committee resumes ssittings.consequenrly, it was agreed that the committee will meet every day in the next week to reach an agreement on the new minimum wage.
These are part of the agreement signed last night after an eight-hour meeting between the Federal Government officials and Organised Labour leaders.
The meeting was called in the aftermath of the indefinite strike called by Labour over the wage crisis.
Also in the agreement is that Labour leaders will immediately call a meeting with their critical organs and take a decision on the one-day-old strike.
Labour is expected to call off the strike because the pact it signed precludes the government from victimising any union official who participated in the enforcement of the strike.
Those who signed the agreement on behalf of the Federal Government are Minister of Information and National Orientation Mohammed Idris and Minister of State (Labour and Employment) Nkeiruka Onyejeocha.
For Labour, Nigeria Labour Congress (NLC) President Joe Ajaero and Trade Union Congress (TUC) President Festus Osifo signed.