Nigeria Labor Says No Agreement To End Fuel Strike
January 15, 2012 3:45AM (UTC)
LAGOS, Nigeria (AP) — 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.
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