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Talks to end Nigeria fuel crisis fail

Press TV – January 15, 2012

Talks between Nigerian government and union leaders over the state’s controversial decision of removing the fuel subsidies have ended without an agreement.

Union leaders held talks with government officials in the capital Abuja over the weekend to reverse the decision on the elimination of fuel subsidies.
The negotiations came after unions temporarily suspended protests sparked by soaring petrol prices.

The talks were also meant to end a week-long strike over skyrocketing fuel prices that has virtually shut down the country.

The unions had warned that they would continue protests and threatened to halt oil production activities if the government did not reverse its decision.

Labor union leaders and government officials are now expected to hold further talks.

On January 1, the Nigerian government announced that it had eliminated fuel subsidies, a measure that led to the doubling of petrol prices and transport fares. Fuel prices increased from 65 naira (40 cents) per liter to at least 140 naira (86 cents) at gas stations.

Over the past few days, tens of thousands of people took to the streets across Nigeria to protest the government’s decision.

January 15, 2012 - Posted by | Economics, Solidarity and Activism

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