The Labour congress and federal government are yet to share a common stand in the recent incident of increased fuel prices.
1. The NLC and various goverment representatives had a meeting at 5PM (GMT +1) in Abuja yesterday
2. At the marathon meeting attended by President Goodluck Jonathan, organised labour, the leadership of the Senate and the representatives of state governors, labour was given two options for the reinstatement of the N65 per litre price of petrol.
The first option is to revert to the pre-New Year price on the condition that the subsidy regime would be completely removed in April.
The second option is to allow the N65 selling price of petrol and withdraw 80% of the subsidy in March, meaning that petrol would sell for N120 if the current price regime remains in force.
3. The Labour Congress did not accept this options hence a deadlock.
4. Another meeting has been scheduled for Saturday for continuation of talks.
5. Labour insists that the strike and protest should continue until a final solution is reached.
Will keep you updated.
I specialize in investigative reportage across several subject matter and sectors but mainly focus on metro events and investigation. Do leave your thoughts and opinion on my reports to let me know what you think about them. Thank you
Posted: at 13-01-2012 10:18 AM (12 years ago) | Addicted Hero
Labour should insist on a phased removal of subsidy ; 20% yearly for the next five years. It should also insist on a full frontal attack against corruption otherwise it would have failed in its protest. Labour should also set up a committee to monitor utilisation of the proceeds of the deregulation for infrastructural development. Governance of this nation should not be left alone to a clueless, corrupt and insensitive regime.
I'm vantheo! And i'm...........AWESOME!!!!!
Posted: at 13-01-2012 10:30 AM (12 years ago) | Hero
best4gunner at 13-01-2012 10:43 AM (12 years ago) (m)
Quote from: vantheo on 13-01-2012 10:30 AM
Labour should insist on a phased removal of subsidy ; 20% yearly for the next five years. It should also insist on a full frontal attack against corruption otherwise it would have failed in its protest. Labour should also set up a committee to monitor utilisation of the proceeds of the deregulation for infrastructural development. Governance of this nation should not be left alone to a clueless, corrupt and insensitive regime.
Posted: at 13-01-2012 10:43 AM (12 years ago) | Newbie
ZION7ZION at 13-01-2012 10:48 AM (12 years ago) (m)
Nigerians are been used as pawns, the NLC leaders will eat fried rice and chicken, drink their chilled wine, enjoy their AC, before coming out for protest, most that doesnt understand the real meaning of subsidy will drink garri with groundnuts and come out for protest,by the time they shout We no gree 5times, all the garri they drank will vanish. i just pity poor Nigerians, well shaa let the strike continue
Posted: at 13-01-2012 10:48 AM (12 years ago) | Gistmaniac
Bazemaster at 13-01-2012 10:58 AM (12 years ago) (m)
I report from ma BAZEHOOD, niggaz feeling ma BAZESWAG 'cos it's hooded like my nigga HOODEDSWAG coming from BAZESQUAD in da BAZESTUDIOS UNITED.... I AM BAZEMASTER
Posted: at 13-01-2012 10:58 AM (12 years ago) | Gistmaniac
Bazemaster at 13-01-2012 11:01 AM (12 years ago) (m)
those government officials are too corrupt that they cannot even have option of cutting their own allowances. Wicked People in power
I report from ma BAZEHOOD, niggaz feeling ma BAZESWAG 'cos it's hooded like my nigga HOODEDSWAG coming from BAZESQUAD in da BAZESTUDIOS UNITED.... I AM BAZEMASTER
Posted: at 13-01-2012 11:01 AM (12 years ago) | Gistmaniac
Bazemaster at 13-01-2012 11:02 AM (12 years ago) (m)
those government officials are too corrupt that they cannot even have option of cutting their own allowances. Wicked People in power....God bless us all. #occupy Nigeria
I report from ma BAZEHOOD, niggaz feeling ma BAZESWAG 'cos it's hooded like my nigga HOODEDSWAG coming from BAZESQUAD in da BAZESTUDIOS UNITED.... I AM BAZEMASTER
Posted: at 13-01-2012 11:02 AM (12 years ago) | Gistmaniac
poloscally at 13-01-2012 11:14 AM (12 years ago) (m)
Quote from: vantheo on 13-01-2012 10:30 AM
Labour should insist on a phased removal of subsidy ; 20% yearly for the next five years. It should also insist on a full frontal attack against corruption otherwise it would have failed in its protest. Labour should also set up a committee to monitor utilisation of the proceeds of the deregulation for infrastructural development. Governance of this nation should not be left alone to a clueless, corrupt and insensitive regime.
Not a bad idea...but how much attention would be paid to ensuring that such committee is 110% independence on the government at any level. I therefore would suggest that such a body or committee should be headed by a none governmental organization and should be funded by fund generated from charitable organizations, thereby devoid of government or related body or individual involve in government.
Posted: at 13-01-2012 11:14 AM (12 years ago) | Upcoming
Removing the subsidy is not a bad idea but we must plan for it first, meaning the refineries must be working and then transportation facilities must be put in place.
Posted: at 13-01-2012 11:17 AM (12 years ago) | Gistmaniac
Ifemylove at 13-01-2012 11:22 AM (12 years ago) (f)
Quote from: vantheo on 13-01-2012 10:30 AM
Labour should insist on a phased removal of subsidy ; 20% yearly for the next five years. It should also insist on a full frontal attack against corruption otherwise it would have failed in its protest. Labour should also set up a committee to monitor utilisation of the proceeds of the deregulation for infrastructural development. Governance of this nation should not be left alone to a clueless, corrupt and insensitive regime.
i so much agreen with you
Posted: at 13-01-2012 11:22 AM (12 years ago) | Gistmaniac
danpatrick at 13-01-2012 11:23 AM (12 years ago) (m)
Quote from: vantheo on 13-01-2012 10:30 AM
Labour should insist on a phased removal of subsidy ; 20% yearly for the next five years. It should also insist on a full frontal attack against corruption otherwise it would have failed in its protest. Labour should also set up a committee to monitor utilisation of the proceeds of the deregulation for infrastructural development. Governance of this nation should not be left alone to a clueless, corrupt and insensitive regime.
Very good points, dear pal.
Posted: at 13-01-2012 11:23 AM (12 years ago) | Upcoming
poloscally at 13-01-2012 11:24 AM (12 years ago) (m)
Quote from: ZION7ZION on 13-01-2012 10:48 AM
Nigerians are been used as pawns, the NLC leaders will eat fried rice and chicken, drink their chilled wine, enjoy their AC, before coming out for protest, most that doesnt understand the real meaning of subsidy will drink garri with groundnuts and come out for protest,by the time they shout We no gree 5times, all the garri they drank will vanish. i just pity poor Nigerians, well shaa let the strike continue
It is better for a man to shut up and be considered a fool, than open his mouth and all doubt disappear.
Posted: at 13-01-2012 11:24 AM (12 years ago) | Upcoming
why cant they just cut off all the crazy allowance the senate and the house receive and use the money to fix the refinery. The president food allowance alone is N1Billion Naira for 2012 alone!!!!, when average Nigeria feed on $2/ day. Damn People are so hearless.
Posted: at 13-01-2012 11:26 AM (12 years ago) | Newbie
henryemekaob at 13-01-2012 11:27 AM (12 years ago) (m)
i wonder what will happen, if there is no oil in nigeria....perhaps among the leading poor and hungry strike nation that somalia will be far better of....
Posted: at 13-01-2012 11:27 AM (12 years ago) | Upcoming
vantheo
olivgirl
best4gunner
chicanorose
onlyGodknows
ZION7ZION
Bazemaster
queenrukky
poloscally
chimeskan
Adikpe
Ifemylove
danpatrick
macjo
henryemekaob
abledcharles
TRENDING GISTS 
How Man, Monday Chukwu Stabs His Friend To Death Over N2000 Debt In Ondo
VIDEO: Davido Reveals Reconciliation With Wizkid In Old Video
“We’re In Darkness For Days” – Ikeja Electric Customers Lament Inability To Recharge Prepaid Meters