NLC calls off strike as FG suspends hike in electricity tariff for 2 weeks

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The Nigeria Labour Congress has called off it’s planned industrial strike scheduled for Monday, 28th of September after reaching an agreement with the federal government.

According to minister Festus Keyamo, Labour had agreed to deregulation and called off the strike with the government agreeing to suspend the hike in electricity tariffs for two weeks.

The Federal Government also promised to provide palliatives to labour which would be rolled out in the coming weeks. 

It is unclear if the hike will be implemented after the two week period and if the price of PMS will remain the same. 

Keyamo wrote:

FG & LABOUR reach agreement at 2:53am. Deregulation to stay as Govt rolls out palliatives for labour (details in 2 weeks); Electricity tariffs suspended by Govt for 2 weeks with a joint Committee headed by @fkeyamo to examine the justification for the new policy. Strike suspended

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