ABUJA, June 20 (Reuters) - Nigeria's main labour unions and the government on Monday set an eight-week timeline to finalise an agreement to raise the minimum wage to help cushion the impact of high fuel prices after the removal of a popular but costly petrol subsidy.
The Nigeria Labour Congress and the Trade Union Congress (TUC) had threatened to strike after fuel prices tripled following President Bola Tinubu's decision to scrap the subsidy.
Talks with the unions are one of the first challenges the new administration faces as it pushes forward with a raft of economic reforms.
"Everything must be rolled out within that time, (it is) not something that we are going to leave endlessly," he said.
Reporting by Camilus Eboh; Writing Elisha Bala-Gbogbo, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
Persons:
Bola Tinubu's, Dele Alake, Festus Osifo, Tinubu, Camilus Eboh, Elisha Bala, Ed Osmond
Organizations:
Nigeria Labour Congress, Trade Union Congress, TUC, Thomson
Locations:
ABUJA