Latest NEWS - Nigeria subsidy talks 'fruitful', strikes continue -"NLC leader"

Date: 13-01-2012 9:29 am (13 years ago) | Author: All the Audible
- at 13-01-2012 09:29 AM (13 years ago)
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ABUJA (Reuters) - One of Nigeria's main trade unions said talks with President Goodluck Jonathan over the government's removal of publicly popular fuel subsidies were 'fruitful' and ongoing, but strikes would continue until an agreement was reached.

Nigeria scrapped subsidies on petrol imports on January 1, more than doubling the pump price to around 150 nairaa litre, sparking bitter protests across the country.

Tens of thousands of Nigerians had been demonstrating in cities up and down Africa's most populous nation for four straight days as neither side was ready to concede an inch.

Unions said the pre-subsidy removal petrol price of 65 naira a litre must be reintroduced and the government said fuel subsidies were gone for good because they were corrupt and a dangerous drain on Africa's second-largest economy.

But Jonathan and unions met late on Thursday.

"We had fruitful discussions, both sides have agreed to shift ground. We will be meeting again on Saturday," said Abdulwaheed Omar, president of Nigeria Labour Congress, one of Nigeria's two biggest workers' unions.

"Unless and until we get a conclusive conclusion from the discussion then that means we will maintain status quo. For now the strike still continues," Omar said.

The central bank governor, Lamido Sanusi, told Reuters the strikes were costing the economy more than $600 million a day.

http://af.reuters.com/article/topNews/idAFJOE80C00220120113

Posted: at 13-01-2012 09:29 AM (13 years ago) | Upcoming
- all_d_audible at 13-01-2012 09:34 AM (13 years ago)
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See President Goodluck Jonathan, Vice President Namadi Sambo and Rivers State Governor, Rotimi Amaechi during the meeting on the state of the nation at Aso Villa, Abuja. 12/01/2012.
Posted: at 13-01-2012 09:34 AM (13 years ago) | Upcoming
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- chicco77 at 13-09-2012 07:19 PM (12 years ago)
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Posted: at 13-09-2012 07:19 PM (12 years ago) | Addicted Hero
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