BREAKING: Labour suspends strike, FG orders suspension of electricity tarrif hike for 2 weeks, no reduction in fuel price 

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The organised labour has suspended its planned strike action and protests billed to hold today (Monday), September 28, following agreements reached with the Federal government after a marathon of meeting held between representatives of labour unions and the government.

The meeting, which started at about 8:30 pm on Sunday and spilled over till Monday morning had Secretary to the Government of the Federation, Boss Mustapha; Minister of Labour and Employment, Chris Ngige, Minister of Information and Culture, Lai Mohammed; Minister of State for Labour and Employment, Festus Keyamo; Minister of State for Power, Godwin Jeddy-Agba and Group Managing Director of the NNPC.

A communiqué, read by the minister of Labour and Employment, Chris Ngige, after the meeting, disclosed that government agreed to suspend electricity tariff hike for two weeks pending when a committee set up would examine the justifications for the new policy in view of the need for the validation of the basis for the new cost-reflective tariff as a result of the conflicting information from the fields which appeared different from the data presented to justify the new policy by NERC.

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He, however, noted that total deregulation in the downstream sector remains, adding that palliatives would be offered to Nigerian workers to cushion the effects of burden.

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