Talks on Sunday and Monday between the unions and the government have paid off.
Nigeria’s labour unions on Monday agreed to call off a planned strike in protest over rising living costs after the government offered a package of measures to cushion the impact of its economic reforms.
As part of its package with unions, the government offered a N 35,000 a month pay increase for six months for federal employees, a temporary suspension of VAT on diesel and social security cash transfers to the poorest Nigerians.Also receive offers from The Africa Report's partners The fuel subsidy had been in place for decades and kept petrol prices artificially low in what was seen by many Nigerians as one of their benefits from the government.
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