Labour institute seeks better industrial relations

Ahead of May Day, it hailed labour and the Bola Tinubu Administration for maintaining relative industrial peace in the wake of challenges.

Director General, Issa Aremu, noted that while labour-government relations are always characterised by “policy contestation and policy accommodation”, fuel subsidy removal and foreign exchange market reforms that had engendered inflation, currency devaluation, high cost of living have challenged industrial relations more than ever before.

He said the agreement benefits all parties, citing award of N35,000 pending a minimum wage, suspension of VAT on diesel for six months, N100 billion for CNG buses, as well as an inclusive 37-member wage committee.

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