Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), has hailed the decision of labour leaders to suspend their planned protest scheduled to commenced Monday.
Kyari, in a tweet on his official Twitter handle on Monday, Kyari praised the leadership of the unions for choosing the pursuit of common good.
He said: “Being a former union leader, I understand the difficulties of labour leadership when faced with choices between stark realities and legitimate follower expectations.
“The leadership chose the pursuit of common good and posterity will vindicate us all for standing with our country.”
Kyari said the Nigeria Labour Congress and the Trade Union Congress (TUC) had by their action demonstrated absolute faith in the country.
“They showed understanding on the inevitability of Premium Motor Spirit (PMS) deregulation and jointly charted way forward to secure local refining sufficiency through greater stakeholder inclusiveness and transparency.
“We will follow through diligently,” he added.
NLC and TUC suspended the strike in the early hours of Monday following a meeting with the federal government.
Labour had called the strike to protest the recent hike in electricity tariffs and pump price of petrol.