The organized labour has suspended the proposed strike over increase in prices of petrol and electricity tariff.
This was verified in a tweet by Hon Mr Festus Kiyamo, SAN, the Minister of State, Labour and Employment saying “FG and Labour reached agreement at 2:53am. Deregulation to stay as government rolls out palliatives for Labour. Electricity tariff suspended for 2 weeks”.
A joint committee has been set up for the justification of the new policy, the tweet added.
On the other hand, the suspension was contained in a communique jointly signed by labour leaders and the Federal Government representatives, and read by the Minister of Labour and Employment, Senator Chris Ngige, at the end of the meeting that lasted several hours.
Part of the communique reads: “The parties agreed to set up a Technical Committee comprising Ministries, Departments, Agencies, NLC and TUC, which will work for two weeks, effective Monday, September 28.
“The committee will examine the justifications for the new policy, metering deployment, challenges and timeline for massive roll out.
“The Technical Committee membership is as follows: Mr Festus Keyamo(SAN), Minister of State Labour & Employment, Chairman; Mr Godwin Jedy-Agba, Minister of State Power, member; Prof. James Momoh, Chairman, National Electricity Regulatory Commission, member; Engr. Ahmad Rufai Zakari, SA to Mr. President on Infrastructure member/Secretary; Dr. OnohoOmhen Ebhohimhen, member (NLC); Comrade Joe Ajaero, member (NLC); Comrade Chris Okonkwo, member (TUC), and a representative of DISCOs, member.
Parts of the Terms of Reference (ToR) are:
To examine the justification for the new policy on cost – reflective Electricity Tariff adjustments. “To look at the different Electricity Distribution Company (DISCOs) and their different electricity tariff vis-à-vis NERC order and mandate.
Examine and advise government on the issues that have hindered the deployment of the six million meters.
To look into the NERC Act under review with a view to expanding its representation to include organized labour.
“The Technical sub-committee is to submit its report within two weeks.