- NLC & TUC suspends planned Nationwide Strike
- Nigerians will continue to buy fuel at N162
- Increased Electric Tariff will be suspended for 2weeks
Labour suspends strike after reaching an agreement with the Federal Government of Nigeria at 2 am.
Nigeria Labour Congress, NLC, has suspended its planned nationwide strike that would have started today, Monday, September 28, in protest against the hike in the pump price of fuel and electricity tariff.
Why did NLC & TUC suspends planned Nationwide Strike?
FG & LABOUR reach an agreement at 2:00 am. Deregulation to stay as Govt rolls out palliatives for labour (details in 2 weeks); Electricity tariffs suspended by Govt for 2 weeks with a joint committee headed by Keyamo to examine the justification for the new policy.
The Federal Government and Organised Labour (NLC, TUC and others) held consultation meetings on September 15, 24 and 27, 2020.
Following the extensive deliberations, the following resolutions have been reached:
A Technical Committee on Electricity Tariff policy has been established. It is chaired by the HMS Labour and Employment keyamo, and comprises FG MDAs, NLC and TUC, and will work over the next two weeks, starting today.
Its mandate shall include:
a. Examine justification for the electricity tariff review
b. Review the deployment of meters and advice FG on issues hindering implementation
During this two-week period, DISCOs will suspend implementation of the electricity tariff adjustments.
The PMS subsidy regime has stifled downstream sector growth. In addition, the dire financial circumstances of the Federation preclude the ability to sustain any subsidy on PMS, and thus makes the deregulation of the sector inevitable.
NNPC will expedite the rehabilitation of its Refineries, with a 50% completion target for Port Harcourt by December 2021.
NNPC will integrate national leadership of NUPENG and PENGASSAN into the Steering Committee already established to oversee the Rehabilitation Exercise.
A Validation Team comprising of Reps of NNPC, NUPENG and PENGASSAN will be established to monitor the progress of the Rehabilitation of Refineries, Pipelines and Depot Networks, and to advise the Steering Committee periodically.
The Federal Government (FG) will continue to facilitate licensing and delivery of new modular and regular refineries.
FG will ensure delivery of 1 million CNG/LPG Autogas Conversion Kits, Storage Skids and Dispensing Units under the Nigeria Gas Expansion Programme, by December 2021.
A Governance Structure for this project will be established and will include Labour Representatives.
FG will work to facilitate removal of tax on minimum wage
FG will make available to Labour 133 CNG/LPG-driven Mass Transit Buses immediately, for use in major cities nationwide, and thereafter extend to all States and LGAs before December 2021
Ongoing FG Housing Initiatives will have 10 per cent allocated to Nigerian workers.
Moribund National Labour Advisory Council (NLAC) will be revived before the end of 2020, to institutionalize dialogue and engagement on socio-economic and labour issues to forestall future crises.
