Following extensive negotiations by the federal government and the labour unions, the Nigeria Labour Congress, NLC, has called off its planned nationwide strike that was scheduled to commence today, Monday, September 28, in protest against the hike in pump price of fuel and electricity tariff.
The unions suspended the action after brokering an agreement with the federal government over the electricity tariff and petrol price hikes.
After a meeting in the early hours of Monday, Chris Ngige, minister of labour and employment, read a communique announcing the decision reached by both parties
According to the communique, a technical committee comprising labour leaders, government agencies and ministries will in two weeks look into issues concerning the recent electricity tariff hike so as to validate ”the basis for the new cost-reflective tariff as a result of the conflicting information from the fields which appeared different from the data presented to justify the new policy by NERC; metering deployment, challenges, timeline for massive rollout”.
“During the two weeks, the DISCOs shall suspend the application of the cost-reflective electricity tariff adjustments,” it said.
“An all-inclusive and independent review of the power sector operations as provided in the privatization MoU to be undertaken before the end of the year 2020, with labour represented.