The Nigerian Labour Congress (NLC) has suspended its planned nationwide strike for two weeks after talks with the Federal Government yesterday in a meeting.
The planned Industrial Action was as a result of the recent hike in electricity tariff and fuel pump price in the country.
“The committee is to examine the justifications for the new policy in view of the need for the validation of the basis for the new cost reflective tariff.
“The technical committee membership included Mr Festus Keyamo, Minister of State Labour and Employment, as chairman, Mr Godwin Jedy-Agba, Minister of State Power, Mr James Momoh, Chairman National Electricity Regulatory Commission,
“Others were Mr Ahmad Rufai Zakari, SA to Mr President on Infrastructure, Dr Onoho’Omhen Ebhohimhen, Member, NLC, Mr Joe Ajaero NLC, Mr Chris Okonkwo, TUC and a representative of DISCOS.”
The minister said the committee should also look at the different Electricity Distribution Company (DISCOs) and their different electricity tariff ‘vis-à-vis NERC’s order and mandate.
Speaking on the issue of the downstream sector deregulation, Chris Ngigie said all parties agreed on the need to expand the local refining capacity of the nation to reduce the over dependency on importation of petroleum products.
According to him, the national leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association (PENGASSAN) will be integrated into the Steering Committee already established by the Corporation.