The Federal Government has reportedly met two major demands of the Nigeria Labour Congress (NLC), ahead of the union’s planned nationwide strike.
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The concessions include the reversal of the 40 percent deduction from the Nigeria Social Insurance Trust Fund (NSITF) into the national treasury and the appointment of Opeyemi Agbaje as chairman of the National Pension Commission (PenCom). However, PenCom has yet to officially confirm Agbaje’s appointment as of press time.
The development follows a seven-day strike ultimatum issued last week by NLC President, Joe Ajaero, who demanded an end to the diversion of workers’ funds from the NSITF and the constitution of the PenCom board.
In a letter to the NLC dated August 16, 2025, NSITF Managing Director, Oluwaseun Faleye, confirmed that the Ministry of Finance and the Budget Office had committed to halting further deductions from contributions and investment proceeds. He clarified that workers’ contributions are not government revenue and that part of the previously deducted funds has already been reversed.
Reacting, NLC Secretary, Christopher Onyeka, acknowledged receipt of the letter, stating that the union’s executive council would review the government’s position before deciding on the strike action.
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