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Nigeria Labour Congress threatens industrial resistance following the increase in electricity tariffs

Business

Nigeria Labour Congress threatens industrial resistance following the increase in electricity tariffs

By magic

January 06, 2021

The Nigeria Labour Congress (NLC) has threatened industrial resistance following the increase in electricity tariffs by the Nigerian Electricity Regulatory Commission (NERC).

The Congress, in a statement released late on Tuesday night and signed by the President, Ayuba Wabba, said the Federal Government should reverse the increase immediately or face an unprecedented industrial resistance by Nigerian workers.

They condemned the action of the Federal Government noting that the new increase will affect manufactures and producers of Made-in-Nigeria goods and services who will find it greatly difficult to cope.

The increase in electricity tariff was announced on Wednesday following an adjustment of tariff by the NERC.

The approval was given in a Multi-Year Tariff Order (MYTO) signed by the new NERC Chairman, Sanusi Garba.

Meanwhile, the Minister of State for Labour and Employment, Festus Keyamo, in an interview denied the increase.

He noted that what was done was to adjust certain bands and to ensure that certain persons who are supposed to be on some bands are not wrongly put on some other bands.