NOTICE ON RECENT ENGAGEMENT BETWEEN FGN AND ORGANIZED LABOUR

The Federal Governmment and Organised Labour (NLC, TUC and others) held consultation conferences on September 15, 24 and 27, 2020.

Following the widespread deliberations, the following resolutions have been reached:

A Technical Committee on Electricity Tariff coverage has been installed. It is chaired by the HMS Labour and Employment Festus Keyamo, and accommodates FG MDAs, NLC and TUC, and will work over the subsequent two weeks, beginning these days.

Its mandate shall encompass:

a.     Examine justification for the energy tariff review

b.     Review the deployment of meters and advice FG on troubles hindering implementation

During this two-week period, DISCOs will droop implementation of the energy tariff changes.

The PMS subsidy regime has stifled downstream region increase. In addition, the dire monetary situations of the Federation avoid the capability to sustain any subsidy on PMS, and as a result makes the deregulation of the sector inevitable.

NNPC will expedite rehabilitation of its Refineries, with a 50% of entirety goal for Port Harcourt via December 2021.

NNPC will integrate countrywide management of NUPENG and PENGASSAN into the Steering Committee already established to oversee the Rehabilitation Exercise.

A Validation Team comprising of Reps of NNPC, Nigerian Extractive Industries Transparency Initiative (NEITI), Infrastructure Concession Regulatory Commission (ICRC), NUPENG and PENGASSAN will be stablished to display the development of the Rehabilitation of Refineries, Pipelines and Depot Networks, and to advice the Steering Committee periodically.

Thanks for studying and kindly don't forget to SHARE together with your contacts.

FOLLOW US ON: TWITTER | FACEBOOK

---

Memo Naija respects every copyright policies. If you feel the article you are reading or the music or video on this blog infringe on your privacy, kindly shoot us an email at [email protected] with the proof that it is yours and we shall take it down immediately.

---

Never Miss An Update!

Enter your email address below to receive posts notifications as they break:

---

• Tweet This
• Share This
• Share
• Share