News

NLC Strike: FG Suspends Hike in Electricity Tariff for 2 Weeks

The Federal Government has suspended the hike in electricity tariff for two weeks.

Gistlover understands that the FG during a crucial meeting in the early hours of Monday with the Organised Labour agreed to suspend the increase in electricity traffic with a joint committee headed by Minister of State, Labour & Employment, Festus Keyamo, to examine the justification for the new policy.

This was disclosed in the agreement shared with Gistlover.com at the end of the meeting.

Part of the agreement reads: “The parties agreed to set up a Technical Committee comprising Ministries, Departments, Agencies, NLC and TUC, which will work for a duration of two (2) weeks effective Monday 28th September 2020, to examine:

The justifications for the new policy in view of the need for the validation of 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 roll-out.”

Tags: newsNLC

Recent Posts

“So, He Has a Wife and Children” – Beautiful Pictures of Actor Uzor Arukwe Family Surface Online

Nollywood actor Uzor Arukwe has been making waves with his standout performance in Omoni Oboli’s romantic drama, Love in Every… Read More

50 minutes ago

Asake’s Family Drama Intensifies as Man Reveals How His Mother Abandoned Him at Age 3 To Remarry

Nigerian Afrobeats sensation Asake has once again found himself at the center of controversy after a Nigerian man publicly alleged… Read More

2 hours ago

Businesswoman Cries Out as NAFDAC Allegedly Raids and Loots Her Boutique

A Nigerian businesswoman has been left in tears and distress after officials of the National Agency for Food and Drug… Read More

3 hours ago

Singer Rema Debunks Claims Of Being Illuminati Member

Rema, discussed strange online rumors about himself in an interview with Rolling Stone. He has faced accusations of being part… Read More

17 hours ago

Donald Trump Caught Off Guard As Boom Mic Accidentally Strikes His Face

A video on social media shows a surprising incident involving the US President during a press briefing. The event took… Read More

17 hours ago

Isaac Fayose Gives N500k To Asake’s Father

Isaac Fayose comments on the controversy surrounding singer Asake and his father. Emphasizes the importance of kindness and compassion in… Read More

17 hours ago

This website uses cookies.