BREAKING NEWS: Labour calls off planned strike as FG reverses electricity tariff hike



The Organised Labour has called off its planned strike after reaching an agreement with the Federal Government.

The Minister of State for Labour and Employment, Festus Keyamo, announced this on Facebook at 3am.

Keyamo said the electricity tariff had been reversed albeit temporarily while the deregulation of the oil sector was retained.


He wrote, “Federal Government and labour reach agreement at 2:53am. Deregulation to stay as government rolls out palliatives for labour (details in two weeks).

“Electricity tariffs suspended by government for two weeks with a joint committee headed by Keyamo to examine the justification for the new policy. Strike suspended.”

The National President of the Trade Union Congress, Quadri Olaleye, confirmed the development to newsmen on Monday morning.

Olaleye said, “Definitely correct. We just left a press conference. We signed a document to suspend the action for two weeks for the government to implement those things that we agreed in the agreement. So, we are suspending for two weeks.

“We don’t need a notice again to re-convene if there is a need to do that.”

According to the TUC boss, the meeting between the Federal Government and the Organised Labour, which started on Sunday night ended on Monday morning.
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  1. Money don exchange hands, useless people

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  2. idiots as usual I knew nothing will come out of this instead of negotiating on fuel they chose to negotiate on electricity nobody gets

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  3. Oshiomhole style. Nothing will ever get better in this country.

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  4. Chai... gone are the days when labour unions cruelly had the thought of the common man in mind. It's a pity. Electricity tariff increase was just a decoy to achieve their aim of getting full deregulation.

    ReplyDelete

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