After reaching a deadlock with the Federal Government in negotiations on how to resolve the on going strike in Nigeria over fuel subsidy removal, Labour leaders have decided to call off the strike for Saturday and Sunday 14th and 15th January 2012 in order to allow their leaders travel from around the country to Abuja for negotiations with the Government. It requested its members in the aviation industry to allow airlines operate this weekend.
South East/South South Elders have meanwhile said that the current protest against fuel subsidy removal in the country is a smokescreen to make Nigeria ungovernable for President Jonathan.
Unconfirmed reports from www.informationnigeria.org suggests that the Federal Government agreed to revert back to N65 fuel pump price on two conditions. The conditions are as follows:
· To revert back to N65 now on the condition that it is completely removed in April 2012
· To revert back to N65 and withdraw 80% of the subsidy in March 2012, meaning that petrol would sell for N120 if by the 1st of April 2012.
Labour didn’t however agree to any of the options above which is why the strike continued today Friday 13th January 2012 and its has summoned an emergency meeting with its executives for Saturday to brief them on the meeting with the Government.
This is hoping that a speedy resolution will be reached.
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