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The Federal Government may incur additional N315bn in wage bill in the next six months for the newly introduced allowance for federal workers. This came as Organised Labour agreed to suspend its proposed nationwide strike for 30 days, following the signing of a Memorandum of Understanding with the Federal Government after a marathon meeting that ended around 11pm on Tuesday. Announcing the outcome of the meeting to State House correspondents, the Minister of Labour and Employment, Simon Lalong, said “The NLC and TUC accept to suspend for 30 days the planned Indefinite Nationwide strike scheduled to begin, Tuesday, the 3rd of October, 2023.” Lalong said the memorandum shall be filed with the relevant court of competent jurisdiction within one week as consent judgment by the Federal Government. According to the agreement, the Federal Government grants a wage award of N35,000 only to all Federal Government workers “beginning from the month of September pending when a new national minimum wage is expected to have been signed into law.” The agreement further read in part, “A minimum wage committee shall be inaugurated within one month from the date of this agreement.