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NLC/TUC Negotiations with Government End in Deadlock Again

Reports reaching us indicate that the labour talks with FG which commenced at 6PM today, 14th January 2012 has ended in deadlock.


There were no agreements reached. Strike continues.




UPDATE: "After exhaustive deliberations, we stand by TUC. Systematic shutdown will go ahead as scheduled" - PENGASSAN (11: 42pm, Saturday January 14 2012)



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.


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