Update:  Labour suspends planned strike while FG reverses decision on 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 Twitter in the early hours of today  where he said, “electricity tariff had been reversed albeit temporarily while the deregulation of the oil sector was retained”

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

Report has it that, Electricity tariffs suspended by government is for two weeks with a joint committee headed by Keyamo to examine the justification for the new policy.

The National President of the Trade Union Congress, Quadri Olaleye, has also confirmed the development where it was revealed that, document were signed to suspend the action for two weeks for the government to implement those things that were agreed in the agreement and strike were as well suspended for two weeks.

Sawabiya will monitor to keep you abreast with information as events keeps unfolding in this light.

Leave a comment