FEDERAL GOVERNMENT AND ORGANISED LABOUR RECONVENE ON FEBRUARY 22, 2021 ON FUEL PRICE AND ELECTRICITY TARIFF.
Written by miebaka ikiriko on February 3, 2021
The Federal Government and Organised Labour will reconvene on February 22, 2021 for the consideration of the reports of their bipartite Technical Committees on fuel price and electricity tariff.
One of the major recommendations of the committee is to ensure the Nigerian Ports Authority, NPA and Nigerian Maritime Administration and Safety Agency, NIMASA collect their charges in Naira to reduce pressure on forex demand and pump price hike.
The Minister of Labour and Employment, Senator Chris Ngige disclosed this while briefing journalists after a bipartite meeting between the Federal Government and the Organised Labour at the Banquet Hall of the Presidential Villa, Abuja.
Senator Ngige said the meeting received and adopted the reports of the Technical Committee on Premium Motor Spirit, PMS Pricing Framework, while that of the Electricity Tariff Committee was expected on a week’s time.
Speaking on the outcome of the discussion, Senator Ngige said the organized Labour has requested for some time to enable it subject the report on PMS Pricing to their organs for further investigation.
The report of the Technical Committee on PMS Pricing was presented at the meeting by the Chairman of the Committee, Onochie Anyaoku, a former Executive Director, Refineries Operation and Petrol Pricing in the Nigerian National Petroleum Corporation, NNPC.