Organized Labour suspends nationwide strike as FG suspends hike in electricity tariff

Written by  September 28 2020 font size decrease font size increase font size 0
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The organized labour in Nigeria has suspended its nationwide protest and strike scheduled for today after a meeting between Labour leaders and the Federal government.

 

This was contained in a communique read by the Minister of Labour Doctor Chris Ngige after a technical session that started late last night and lasted till the early hours of today.

 

 

 

According to the minister, the hike in electricity prices will also be suspended as a committee has been set up to look into what the minister described as conflicting field reports justifying the hike in electricity tariff.

 

 

 

The hike in electricity tariff will be put on hold for the two-week period within which the committee conduct its investigations and submit its report.

 

 

 

The committee is to be headed by the minister of Labour.

 

 

 

However on the petrol price hike, Ngige decried the stifled growth in Nigeria’s downstream sector and the dire circumstances faced by government which he claims is the justification for fuel subsidy removal.

 

 

 

According to him, the new price of fuel will remain but the government will be doing more to improve local refining capacity, rehabilitation of Nigeria’s refineries and pursue the CNG alternative aggressively by for instance providing CNG mass transit buses across the country.

 

 

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