nigerian union members call off strike over petrol price rises
Last Updated : GMT 03:09:26
Arab Today, arab today
Arab Today, arab today

Nigerian union members call off strike over petrol price rises

Arab Today, arab today

Arab Today, arab today Nigerian union members call off strike over petrol price rises

A worker carries a placard changing the ruling "All Progressives Congress (APC)'
Abuja - AFP

Nigerian union members on Sunday called off a national strike over a 67-percent hike in petrol prices and said they would resume talks with the government. 

Elements of the Nigeria Labour Congress (NLC) walked out of negotiations last week and ordered the stoppage, despite a court injunction and the threat of police sanction.

The trade unionists were unhappy at a government decision to raise petrol from 86.50 naira ($0.43, 0.38 euros) to 145 naira per litre.

But after a meeting of the national executive council, NLC president Ayuba Wabba, who led the breakaway, told a news conference the stoppage was over after five days.

"(The) NEC, after due consultation with its constituents, resolved to suspend with immediate effect the action it commenced on Wednesday May 18, 2016. The action is thus suspended," he said.

"Congress will resume negotiations with government on the twin issues of the hike in electricity tariff and an increase in the pump price of petroleum products and any other issue that may arise thereof."

The government ordered the increase in petrol prices because of a lack of foreign exchange for fuel importers to pay for supplies, which has caused shortages across the country.

Nigeria is dependent on oil exports for 70 percent of government revenue but income has been slashed because of the slump in global oil supplies that has weakened the naira and driven up inflation.

Lack of domestic refining capacity forces Nigeria to export crude and import petroleum products but the government has kept prices low at the pump by paying the difference in market price to suppliers.

That subsidy policy has been seen as unsustainable because of the cash crunch and widespread corruption in the system.

The NLC as a whole and fellow union the Trade Union Congress had both threatened industrial action but last Tuesday all but a faction led by Wabba backed down, pending further talks.

Despite predictions of a nationwide shutdown, the strike had a limited impact overall and businesses were largely open as usual.

arabstoday
arabstoday

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*

nigerian union members call off strike over petrol price rises nigerian union members call off strike over petrol price rises

 



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*

nigerian union members call off strike over petrol price rises nigerian union members call off strike over petrol price rises

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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