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Update On Hike In Electricity Tariff

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Festus Keyamo, Minister of State, Labor and Employment, has given a report on the gathering between the Federal Government and Labor Union over the new cost of fuel and electricity tariffs.

Keyamo also stated that It would be reviewed as part of the settlement between the Labor force and FG on the 28th of September, a committee led by The Minister of Labor and Employment, Festus Keyamo has been meeting concerning the new electricity tariffs.

Keyamo twitted on Sunday,

“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.”

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