The organised labour has decided to suspend their indefinite strike following a closed door meeting in Abuja.
The decision was reached after the federal government agreed to pay above their last offer of #60,000 as the minimum wage.
The Nigerian Labour Congress and Trade Union Congress agreed on a #494,000 minimum wage to an average Nigerian worker.
After several failed negotiations, the organised labour decided to down tools on Monday, June 3 which crippled the economy of the country.
They have, however decided to relax their earlier decision and look forward to a more suitable way to resolve to the betterment of an average worker.
But in a bid to halt the strike, the Federal Government and the labour leaders held an hours-long meeting that dovetailed into the night.
The Secretary to the Government of the Federation (SGF) George Akume, the Minister of Labour and Employment (State) and her Information and National Orientation counterpart Mohammed Idris, TUC’s Osifo and the President of the NLC Joe Ajaero were among the persons present at the meeting.
The TUC president Festus Osifo confirmed this in Abuja on Tuesday after a joint extraordinary national executive council meeting of the unions.
“A joint NEC meeting of TUC/NLC has approved to relax the industrial action for one week with immediate effect,” Osifo told Channels Television.
A communique will be issued shortly, the labour chief said.