For the next 3 months, labour unions and the federal government have agreed to cut electricity tariff for Nigerians
The resolution was arrived at on Monday, October 12, at the end of a long meeting between the organized labour and the Nigerian government
Key resolutions reached includes provision of a tariff relief package of about N10.20 per kilowatt-hour and free distribution of prepaid metres
Following the massive outrage over the new electricity tariff, the federal government and labour unions have agreed to temporarily subsidise the tariff for the next three months.
RELATED NEWS:FG suspends electricity tariff hike
The resolution was arrived at the end of a long meeting of the ad-hoc technical committee on electricity tariff between representatives of the federal government, Nigeria Labour Congress (NLC), and the Trade Union Congress (TUC).
This was made known in a communique released by the minister of state for labour and employment, Festus Keyamo in a series of tweets via his Twitter account @fkeyamo on Monday, October 12.
According to Keyamo, labour unions and the Nigerian government agreed to use proceeds from the Value Added Tax (VAT) to temporarily subsidize electricity tariffs.
The minister went on to note that other resolutions adopted by the committee include the provision of a tariff relief package of about N10.20 per kilowatt-hour for Nigerians.
Other key resolutions are the provision of six million free meters to Nigerians, salary protection for electricity workers, a mandatory refund for any over-billing during system transition by the Discos, and monthly publication by NERC of allowed billing of unmetered customers, etc.
1. Labour & Govt have adopted these Resolutions of the Adhoc Committee I chaired. Highlights include using VAT proceeds to temporarily subsidize tariffs whilst my Committee will work for two more months to resolve other issues that may substantially affect tariff adjustments. pic.twitter.com/xbbs1QRUl8
— Festus Keyamo, SAN (@fkeyamo) October 11, 2020
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