The discussions between the Federal Government and organised labour over the recent electricity tariff increase seems to be yielding a positive result.
This comes after the Federal Government on Sunday agreed to provide a tariff relief of 10 naira 20 kobo per kilowatt of electricity for Nigerians for the next three months and also massively distribute free meters to electricity consumers.
The Minister of State for Labour and Employment, Festus Keyamo announced this in a communique posted on his twitter handle, following the expiration of the 2-week suspension of the increased electricity tariff yesterday.
He said the Federal Government will use VAT proceeds to temporarily subsidize tariffs while the Adhoc committee will work for two more months to resolve other issues regarding tariff adjustments.
According to the Minister, “other immediate reliefs include the provision of six million free meters to Nigerians, salary protection for electricity workers, a mandatory refund for any overbilling during system transition by the discos, monthly publication by NERC of allowed billing of unmetered customers, etc.”