The Ikeja Electricity Distribution Company and labour have concluded plans to resume negotiation this week.
An official of the company indicated that in a telephone interview that the important engagement would take placeon Tuesday, this week at the companyâ€™s office.
He said the planned negotiation is a welcome development as the protest has crippled the operations of the company in the past few days.
The official said the negotiation started last week and would likely be completed in the coming weeks to pave the way sustainable operations.
Â Â â€œThe engagement with labour has been well-thought out in the past few days. All the parties have agreed to meet in order to arrive at peaceful settlement.
â€œWe are optimistic that discussions will be fruitful so that the much needed peace can be created for operations. Indeed, it is in the best interest of everyone, including electricity consumers and the general public to resolve the crisis,â€ he added.
The coalition of labour and other groups had blocked the entrance of the company in the past few days, thus making it impossible for the management to sustain operations.
One of the protesters had said that labour would continue to distabilise the activities of the company until the management address many issues which have already been presented to it.
These included employment and wages as well as inadequate and unstable services rendered to consumers in the Ikeja and its environs.
The company had indicated that supply of electricity has worsened as a result picketing of facilities.
Ikeja Electric which had confirmed the development in a statement also condemned the action of the labour unions.
But the General Secretary of the National Union of Electricity Union, Mr. Joe Ajaero had said the people have the right to protest against poor services and other issues.
He had said his Union was not directly involved in the present protest, but looks forward to joining issues with it in future.