Abuja - Staff of the Corporate Affairs Commission (CAC) on Sunday suspended their strike over non-payment of an agreed 35 per cent salary increase by the commission.
The suspension followed agreements reached by the CAC management and the workers under the aegis of Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Service Employees (AUPCTRE).
The Acting Registrar General of CAC, Kunle Omowole, and Bivan Stephen, the Acting branch Chairman of AUPCTRE jointly signed the agreement.
Other signatories to the agreement were the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Dauda Kigbo and the General Secretary of AUPCTRE, P. Agbonkonkon.
According to the agreement, non-executive staff of the commission shall be paid enhanced bonus of 108.32 per cent from the agreed period.
It further stated that 50 per cent palliative would be paid on or before October 11, while the portion of the enhanced bonus shall be paid monthly.
It added that a technical committee on the disparity in salary structure between the executive and non-executive staff of the commission would be set up to work out the modalities for bridging the gap.
"At the conclusion of the work the technical committee shall present its recommendations for implementation to the relevant authorities within the shortest possible time.
"All parties agreed that the ongoing industrial action be suspended immediate and that no staff shall be victimised for participating in the industrial action,’’ the agreement added.
Stephen then announced resumption of work at the commission immediately.