#WINNING: Summary Of What Happened In The Peace Meeting Between Government and Labour

The Labour congress and
federal government are yet to
share a common stand in the
recent incident of increased fuel
prices.
1. The NLC and various
goverment representatives had
a meeting at 5PM (GMT +1) in
Abuja yesterday
2. At the marathon meeting
attended by President Goodluck
Jonathan, organised labour, the
leadership of the Senate and the
representatives of state
governors, labour was given
two options for the
reinstatement of the N65 per
litre price of petrol.
The first option is to revert to
the pre-New Year price on the
condition that the subsidy
regime would be completely
removed in April.
The second option is to allow
the N65 selling price of petrol
and withdraw 80% of the
subsidy in March, meaning that
petrol would sell for N120 if
the current price regime
remains in force.
3. The Labour Congress did not
accept this options hence a
deadlock.
4. Another meeting has been
scheduled for Saturday for
continuation of talks.
5. Labour insists that the strike
and protest should continue
until a final solution is reached.
Will keep you updated.