NLC Tasks FG To Implement Electricity Traffic Reduction Agreement by Year-end

File Photo: NLC Official Logo

The Nigeria Labour Congress (NLC) has demanded from the Federal Government the implementation of electricity tariff reduction by N15 per kilowatt-hour by December.

In a caution notice the labour union served the FG, it stressed that the union would not accept serial violation of agreements from the government, going forward.

On Thursday, the NLC President, Ayuba Wabba made this known to the public in a statement titled “Gas Sale to Gencos should be below $1.50/scf”.

He said; “It is significant that the incessant increase of electricity tariff was one of the several issues discussed between the representatives of the Federal Government of Nigeria and organised labour, hereinafter referred to as the principals, on 28th September 2020.

“Specifically, an agreement was reached at the meeting to set up an FGN-Organised Labour Technical Committee on Electricity Tariff.

“The technical committee thus set up on 28th September 2020 had a clear mandate to review several critical issues in the power sector and to suggest reforms that will provide succour to Nigerians over the short and long term.”

The statement further stated that the technical committee submitted its final report in January, noting that the Federal Government and labour met on February 22 and discussed the report.

The NLC boss added that, “The principals accepted, among other recommendations, that necessary actions should be taken to use efficiency to bring the gas price to below $1.50 per MMBtu.

“Whereas, the Gencos are required to pay as much as $2.50 per standard cubic feet, other gas users, however, get the same at lower rates, ranging from $1.50 to $1.70 per scf.”

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Wabba added that the congress had thus served notice that the posture of the Federal Government to flout agreements was completely unacceptable and would be resisted.

“Congress remains implacably committed to the ultimate reduction of electricity tariffs by N15 per kilowatt-hour by December 2021 as contained in the agreement.”

EarthNews learnt that Nigerians currently pay N62.33 per hour as seen on the Nigerian Electricity Regulatory Commission (NERC) website.