FG FURTHER SUSPENDS NEW ELECTRICITY TARIFF BY ONE WEEK

he Federal Government has further extended the suspension of the new electricity tariff by one week.
The Chairman, Nigeria Electricity Regulatory Commission (NERC) Prof. James Momoh, said this when the ad hoc Technical Committee on Electricity Tariff submitted its interim report at a meeting between the Federal Government and Organised Labour on Monday in Abuja.
The new tariff which was earlier suspended for two weeks ended at midnight on Oct. 11 thereby leading to the suspension of  the planned industrial action over agitation on the hike in electricity tariff by the organised labour on Sept. 28. Momoh while speaking, said the one week extension was to enable the committee to review and work out modalities for the implementation of the agreement reached on the electricity tariffs structure.
Sen. Chris Ngige, Minister of Labour and Employment, while reading a resolution reached between the Federal Government, Organised Labour and the Ad Hoc Technical Committee on Electricity Tariff said that adoption of the work plan for effecting the resolutions has been reached.
Ngige said the resolutions adopted would be implemented by all stakeholders within the week by Sunday, Oct. 18.
According to him, the following amendments to the resolutions were adopted include, phase one immediate reliefs.Speaking on the acceleration of National Mass Metering Programme (NMMP)for the distribution of the first one million meters, he said the Ministry of Power would liaise with Central Bank of Nigeria(CBN), Nigerian Electricity Regulatory Commission (NERC) and Nigerian Electricity Management Services Agency (NEMSA).
He added that they are to start work by Oct. 12, to accelerate the roll out of meters with a target of December 2020.
Ngige  also said on the resolution adopted for the Local procurement for Meters for National Mass Metering Programme (NMMP) that organised Labour would have to work with government to improve and ramp up local production capacity.

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