The intervention, which will run for six months, is scheduled to commence in November 2026.
The approval was one of the major resolutions reached at a conciliation meeting between the Federal Government and the leadership of the Nigeria Labour Congress, NLC, held in Abuja on Tuesday.
The meeting was convened following renewed pressure from organised labour over the rising cost of living, workers' welfare, and the alleged delay in implementing outstanding agreements reached with the government.
According to the communique issued at the end of the meeting, the government also approved the payment of peculiar allowance arrears, effective from May 1, 2026.
The arrears, it was agreed, will be paid in three equal monthly instalments, also beginning in November.
The resolutions are seen as part of efforts to calm tension in the labour space and avert a possible nationwide industrial action threatened by workers over economic hardship.
However, despite the agreements reached on the transport intervention and allowance arrears, the meeting ended without a concrete agreement on the effective date for implementing the new national minimum wage.
The issue of minimum wage has remained a contentious subject between government and labour, with workers insisting on immediate implementation to reflect current economic realities.
To address the deadlock, both parties agreed that the Minimum Wage Negotiation Committee would be constituted without further delay and commence meetings immediately to resolve the outstanding issue.
Labour leaders who spoke after the meeting expressed cautious optimism, saying they will continue to engage the government in good faith while expecting prompt implementation of all resolutions reached.
The Federal Government on its part reaffirmed its commitment to workers' welfare and assured that all approved interventions will be implemented as scheduled.
