The Federal Government on Tuesday met with officials of the Trade Union Congress (TUC) and the Nigerian Labour Congress (NLC) over the hike in electricity and fuel tariffs.

The meeting called by the Minister of Labour, Chris Ngige was held at the Banquet Hall of the Presidential Villa in Abuja.

The meeting which is at the directives of President Muhammadu Buhari is to discuss solutions to the recurring labour issues with a view to finding an end to incessant industrial actions, GNB News learnt.

In attendance at the meeting is the Minister of State for Labour and Employment, Festus Keyamo, the Minister of Works, Babatunde Fashola and the Minister of State for Petroleum, Timipre Sylva.

GNB News understands that the labour unions are threatening embark on strike over the pump price of petrol and electricity tariff.

They are also complaining of non-implementation of the N30,000 new minimum wage, alleged corruption in government agencies, loss of jobs across the industries, high cost of living and, businesses not booming in the light of the effects of COVID-19.

The labour unions and their civil society allies are meant to commence an indefinite industrial action and national protest from Wednesday, September 23.

On his part, the Minister of State for Petroleum said all is not well with the economy, calling for cooperation to fix the economy

While making a presentation on the topic, “Understanding the importance of fuel subsidy on the Nigerian Economy and the gains of deregulation,” Sylva noted that subsidy payment is a major source of corruption.