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

Eyebrows raised as Davido’s cousin Nikos Adeleke celebrates 30th birthday

Nike Aeleke, cousin of popular Nigerian singer Davido, recently celebrated her 30th birthday in Lagos Following the celebration, videos surfaced… Read More

8 hours ago

“I’ve dated 7 Nigerian celebrities” – Bobrisky reveals, vows to reveal them

Bobrisky, has stirred up reactions with a new video in which he claims to have dated multiple celebrities and insists… Read More

8 hours ago

Actress Eve Esin reacts to rumours of Yul Edochie, Ken Erics, others being gay

Eve Esin has shared her thoughts on the recent allegations involving some of her peers, including Yul Edochie and Ken… Read More

8 hours ago

Corper Raye tenders public apology to Lagosians

Raye, has made a public apology to the citizens of Lagos and those affected by her viral video, where she… Read More

8 hours ago

Agba Jalingo, Reveals How the Father of Viral NYSC Member Who Called Out Tinubu Died Protesting Government Demolition

Fresh details have emerged about the heartbreaking story of Ushie Rita Uguamaye, the NYSC member who went viral for calling… Read More

9 hours ago

Actor Chief Imo’s Wife celebrates wife as she graduates from nursing school despite his friends advise

Chief Imo, the Nollywood actor Longinus Anokwuite, has announced the graduation of his wife, Blessing, to the excitement of their… Read More

9 hours ago

This website uses cookies.