Tuesday, January 17, 2012

Nigeria labor says no agreement to end fuel strike (AP)

LAGOS, Nigeria ? The leader of a Nigerian labor union says it failed to reach a compromise with the government to end a paralyzing strike over fuel costs.

Nigeria Labor Congress president Abdulwaheed Omar told journalists outside the presidential palace: "We have not reached a compromise."

That means a midnight strike looms for oil production in Africa's most populous nation.

If production is halted, it could cause oil futures to rise, potentially costing U.S. drivers an additional $36 million a day at the pumps.

Tens of thousands of people have taken to the streets across Nigeria to protest the government ending the subsidy Jan. 1.

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/ap/20120114/ap_on_bi_ge/af_nigeria_fuel_subsidy

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