Nigerian government has reportedly addressed two key demands of the Nigerian Labour Congress (NLC) amid an impending strike threat. The demands included reversing a 40% deduction from the Nigeria Social Insurance Trust Fund (NSITF) funds and appointing Opeyemi Agbaje as chair of the National Pension Commission (PenCom). While PenCom has yet to confirm Agbaje’s appointment, the government has taken steps to meet the NLC’s concerns.
Specifically, the NSITF confirmed that no further deductions would be made from workers’ contributions or investment proceeds, following directives from the Finance Ministry and the Accountant-General of the Federation. The NSITF further clarified that contributions are meant for worker injury compensation and should not be used for government revenue. Additionally, the NLC is reviewing the government’s response before deciding on whether to proceed with the strike.
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