The Nigeria Labour Congress (NLC) has called off picketing of Union Bank of Nigeria Plc and directed its members to vacate the premises of the bank nationwide.

The order followed an agreement reached, early Friday, under the intervention of Minister of Labour and Productivity, Chief Emeka Wogu.

The NLC, led by its president, Comrade Abdulwahed Omar and the bank management, led by the Group Managing Director, Mrs. Funke Osibodu, agreed on all the issues in contention at a meeting called by the minister.

Speaking at the signing of the agreement, Omar said having reached a resolution over the issue between the union and the bank which brought about the current impasse, the NLC agreed to suspend the picketing being carried out by workers against the bank.

“We believe that the two parties have also agreed to mutually work and cooperate in order to ensure permanent peace and stability in the industry and with this, we believe that industrial harmony will be restored.

“We must commend the effort of the Minister of Labour and the entire ministry in bringing about this amicable resolution. On our part, we look forward to a very cordial working relationship with the management of Union Bank towards ensuring that all the issues that normally arise between management or employer and employee would be resolved through roundtable discussion, henceforth,” he said.

http://ngjobsncareers.com/2011/02/labour-congress-and-union-bank-agree-workers-call-off-strike-action.html