The Nigerian Labour Congress (NLC) has called off its nationwide strike action originally scheduled to begin today, Monday, after reaching an agreement with the federal government on electricity tariff.
The junior minister of labour and employment, Festus Keyamo who announced the development said the agreement involves the suspension of the new electricity tariff hike for two weeks.
Keyamo in a tweet announced that the agreement was reached at 2:53 am and government has also promised to roll out palliative in two weeks.
It would be recalled that NLC had fixed 28th of September for the commencement of strike over hike in fuel price and electricity tariff. The Labour union also announced negotiation meeting with the federal government.
“FG & LABOUR reached agreement at 2:53am. 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 @fkeyamo to examine the justification for the new policy. Strike suspended.”