Commodity hike: Keyamo gives update on FG and Labour meeting

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Minister of State, Labour and Employment, Festus Keyamo has given an update on the meeting between the Federal Government and labour unions over the new price of fuel and electricity tariff.

In a series of tweets, Keyamo disclosed that representatives of government and labour adopted resolutions in the area of VAT being used to temporarily subsidize tariffs.

He also listed provision of six million free meters to Nigerians, salary protection for electricity workers, mandatory refund for any over-billing during system transition by the Discos, among others, as some of the resolutions

See his tweet below:

“At this time (11.15pm) the Govt team and Labour are meeting to consider the report of the Technical Committee on Electricity Tariffs set up two weeks ago and headed by my humble self ⁦(@fkeyamo⁩). We have presented our report to the larger house. Communique expected soon

“Labour and Government 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.

“Other immediate reliefs include provision of six million free meters to Nigerians, salary protection for electricity workers, mandatory refund for any over-billing during system transition by the Discos, monthly publication by NERC of allowed billing of unmetered customers, etc.”

9 Comments

  1. How is this going to be advantageous to us? They have been talking about this free distribution of meters but nothing has ever happened. We will be waiting for the outcome.

  2. In all these things you have mentioned, is masses going to benefit massively from it? If so they should ahead and agree with it but if not they should think twice.

  3. All these agreement!!! Federal government don’t use to implement some agreements made by them. Therefore, we shouldn’t rely on this agreement too. Hope things will work out this time around.

  4. Please no one is interested in Keyamo’s long grammar. We are tired of all these big english. The suffering and disturbances on the already frustrated masses is unbearable
    Labour and Keyamo are on their own. We have no trust in any of them

  5. Do you think Nigeria still following you concerning the electricity tariff and fuel pump Price? What we’re are after now is we are counting down the number of days left for the major general muhammadu buhari administration, is either you give us positive or negative response it left for you.

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