Abuja, Feb. 4, 2025 – The Federal Government and the Nigeria Labour Congress (NLC) have signed a Memorandum of Understanding (MoU) on the proposed 50 per cent hike in telecommunications tariffs.
The MoU, which contains the agreements on tariff hike in the telecom sector, was signed on Monday at the meeting convened by the federal government on the planned protest by NLC over the 50% tariff hike in telecom sector.
The MoU was signed by Sen. George Akume, the Secretary to the Government of the Federation; Muhammadu Dingyadi, Minister of Labour and Employment; Mr Joe Ajaero, President of NLC; and Mr Emmanuel Ugboaja, General Secretary of the NLC.
The NLC had strongly opposed the proposed hike and had called for a one-day nationwide mass protest on Feb. 4.
According to the MoU, resolutions were reached for the parties to sit together in a technical group to resolve most of the thorny areas raised during the discussion.
Parts of the resolution include the setting up of a joint committee with five representatives each from the FG and the NLC.
The committee is expected to conclude and submit its deliberations within two weeks.
The parties urged Nigerians to remain calm, while the committee concludes its assignment.