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NLC suspend planned strike, FG suspends new electricity tariff

Part of the agreement was for the government to continue with it’s deregulation policy while plans are underway to roll out palliatives to cushion the effect of the subsidy removal.

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Pics of NLC meeting with FG

The Nigerian Labour Congress, NLC, have suspended their planned industrial strike after reaching an agreement with the Federal Government at 2:53am.

Part of the agreement was for the government to continue with it’s deregulation policy while plans are underway to roll out palliatives to cushion the effect of the subsidy removal.

Also the new electricity tariff has been suspended by the Federal Government for 2 weeks with Festus Keyamo heading a joint committee which will look at the justification for the new electricity tariff.

 

On the issue of the deregulation of the oil sector, the Federal Government said, “NLC and TUC demonstrated absolute faith in our country and showed understanding on inevitability of PMS deregulation and jointly charted way forward to secure local refining sufficiency through greater stakeholder inclusiveness and transparency. We will follow through diligently.”

Below are documents and signatories to the agreement

Doc. of FG and NLC Agreement

Doc.NLC and FG labour agreement

FG and NLC Signatories

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Abudulrasheed Mubarak is a freelance content creator. He starting his writing career in 2011. He is a graduate of Auchi Polytechnic, Auchi in Urban and Regional Planning.

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