Nigerian strike called off

Nigeria's main trade unions have called off their four-day-old general strike over a rise in fuel prices after reaching an agreement with the government, both sides said in a statement.

Nigerian strike called off
Nigeria's main trade unions have called off their four-day-old general strike over a rise in fuel prices after reaching an agreement with the government, both sides said in a statement.

"The general strike is suspended with effect from midnight," said a joint statement issued by unions and the government on Saturday.

Union leaders met government negotiators after receiving a letter from Umaru Yar'Adua, the Nigerian president, pledging not to raise petrol prices at the pump for one year.

The four-day-old general strike had halted most economic activity in Africa's most populous nation, but vital crude oil exports were not affected.

The price of petrol will remain frozen at 70 naira ($0.55) per litre for a year, up from the previous price of 65 naira per litre, but only half the increase amount proposed by Yar'Adua's predecessor Olusegun Obasanjo on the day he handed over power on May 28.

The strike had forced the closure of schools, government offices, banks and filling stations. The fuel price soared to three or four times the normal price on the black market.

Virtually all domestic flights were grounded, while international flights were few during the strike.
Last Mod: 24 Haziran 2007, 11:52
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