The announcement came six hours after President Goodluck Jonathan
announced a reduction of the pump price of petrol from N141 to N97.
The labour leaders said the decision to suspend the strike and
protests was reached at the National Executive Council meetings of NLC
and TUC, held on Saturday in Abuja.
They also said the N97 price was unilaterally reached by the Federal
Government and that Labour remained resolute on its demand for a
reversal to N65, also would continue to hold discussions
with government on the implementation of the contentious deregulation
programme.
Read Full text of the NLC/TUC statement as you continue....