The committee is expected to address the downward review of the pump price, determine new minimum wage and consult with the PPPRA for effective price regulation.
The faction took the decision after reaching an agreement with the Federal Government to set up a committee to resolve agitations over the new pump price.
According to Channels TV, the committee is expected to address the downward review of the pump price, determine new minimum wage and consult with the PPPRA for effective price regulation of petroleum products.
The committee is to submit its report in two weeks.
Meanwhile, representatives of the government is said to be in an ongoing meeting with the other faction of the NLC led by Wabba Ayuba.
It had earlier been reported that Wabba's faction and the Trade Union Congress (TUC) have resolved to proceed with nationwide strike, beginning on Wednesday, May 18, against the order of the National Industrial Court.
The court had ordered labour to suspend the planned strike pending the determination of the suit filed by the Attorney General of Federation, Abubakar Malami, challenging the action.