Labour suspends strike as FG reverses hike in electricity tariff

Reports from the Facebook account of the Minister of State for Labour and Employment,  Festus Keyamo, announced at about3am that the Organized Labour has called off its planned strike action after reaching an agreement with the Federal Government.

Keyamo said the electricity tariff had been reversed albeit temporarily while the deregulation of the oil sector was retained.

He wrote on his Facebook wall that “Federal Government and labour reach agreement at 2:53am. Deregulation to stay as government rolls out palliatives for labour (details in two weeks).

“Electricity tariffs suspended by government for two weeks with a joint committee headed by Keyamo to examine the justification for the new policy. Strike suspended.”

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