Arab Today, arab today lastditch talks to avert nigerian oil production shutdown
Last Updated : GMT 18:23:15
Arab Today, arab today
Arab Today, arab today

Last-ditch talks to avert Nigerian oil production shutdown

Arab Today, arab today

Arab Today, arab today Last-ditch talks to avert Nigerian oil production shutdown

Abuja - AFP

Nigerian unions vowed Saturday not to budge on their demand on fuel prices, setting up a showdown with the government before negotiations to end a week-old strike and avert an oil production shutdown. The talks set for Saturday evening at the presidency come after the country\'s unions called for a weekend suspension of the strike and protests that had shut down the country since Monday, prompting Nigerians to rush to stock up on food. The government enters the talks under intense pressure after the country\'s main oil workers\' union threatened to bring a halt to crude production from midnight by withdrawing its members from platforms if a deal is not reached. The two main labour confederations, Nigeria Labour Congress and Trade Union Congress, held meetings of their executive councils on Saturday and decided to stick to their demand that petrol prices return to pre-January 1 levels. \"We are continuing with the national strike until the prices are reverted to 65 naira per litre ($0.40, 0.30 euros),\" Denja Yaqub, NLC assistant secretary general, told AFP. \"If there\'s any negotiation at all to be done, the negotiation will only start when the price has gone back to 65 naira. We are going to convey the same position to him (President Goodluck Jonathan) tonight.\" A source from the TUC said it had decided on the same position. The move by Nigeria\'s government to end fuel subsidies abruptly and without warning on January 1 sparked the strike and brought tens of thousands of people out into the streets in protest over the past week. The move caused petrol prices to more than double overnight, from 65 naira per litre to 140 naira or more. Nigerians rushed to markets on Saturday to take advantage of the break in the strike to stock up on food, but they found prices had often tripled -- a mix of sellers taking advantage of high demand and the result of increased transport costs. \"All the same, we still have to buy because we have to eat,\" said Olabisi Adekoya, a 36-year-old mother of four at a Lagos market. Long queues also formed at petrol stations, with some even running dry. Government officials and economists say removing subsidies was essential and will allow much of the $8 billion per year in savings to be ploughed into projects to improve the country\'s woefully inadequate infrastructure. But Nigerians are united in anger against the scrapping of subsidies, which they view as their only benefit from the nation\'s oil wealth. There is also deep mistrust of government after years of blatant corruption. The main protests in major cities in Africa\'s most populous nation have been largely peaceful, though at least 15 people are believed to have been killed in various incidents. Police have been accused of shooting dead at least two people, including one in the economic capital Lagos, while at least two others were shot dead as authorities and protesters clashed in the northern city of Kano on Monday. A riot broke out in the central city of Minna on Wednesday, leaving an officer killed and several political offices burnt, but the cause of the violence was not clear. In Benin city in the south, a mob burnt part of a mosque complex on Tuesday while at least five people were killed and some 10,000 displaced as Muslims neighbourhoods were targeted. The strike and protests have put the government under mounting pressure as it also seeks to stop spiralling attacks blamed on Islamist group Boko Haram, which have raised tensions and led to warnings of civil war.  More than 80 Christians have been killed in bomb and gun attacks in recent weeks, most of them attributed to Boko Haram, in a country roughly divided between a mainly Muslim north and predominantly Christian south. Late Friday, gunmen attacked two pubs in the northern cities of Yola and Gombe, killing four people and wounding a police officer. Scores of such attacks have been attributed to Boko Haram. Adamawa state, where Yola is located, also holds governorship elections on January 21, and election periods in Nigeria often provoke violence.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today lastditch talks to avert nigerian oil production shutdown Arab Today, arab today lastditch talks to avert nigerian oil production shutdown

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables

GMT 05:18 2017 Wednesday ,22 February

Chinese PM: US should avoid ‘trade war,’

GMT 20:59 2017 Tuesday ,21 February

Economy good, but homes in German cities overpriced
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday