NigeriaBusinessInfo.com
NEWS GOVT & AGENCIES CAPITAL MARKET OPPORTUNITIES ECONOMIC DATA CHAMBERS OF COMMERCE TOURISM SCREENSAVERS
 Home Subscribe
News & Features Section
Quick find? Search 100s of Pages
Nigerian Newspapers
The Guardian
ThisDay
Punch
Vanguard
BusinessDay
Weekly Magazines
Tell
NewsWatch
Other News Sources

<
All Africa.com
Africa Intelligence.com
Others
News Archive
Corporate Personalities
Classified Adverts
Interactive Homepage
Site Map

Like this site? Fill out and submit the form below to send an e-mail to your friend about it.
Privacy Policy

Your Friend's E-Mail Address:
Your E-Mail Address:
Your Name:
N
B
I

The Day After Labour's 8 Days Strike (Posted 8th July, 2003) Tell your friends about this page! Email it to them.

Deserted Lagos Road, during the strike, courtesy, The Guardian Newspaper.Dateline: Friday, 27 June 2003, Abuja, Nigeria, Chief Rasheed Gbadamosi, Chairman, Petroleum Products Pricing Regulatory Agency (PPPRA) announced a new price regime for Nigeria’s Petroleum products with a litre of Petrol rising from N26 to N40, Kerosine from N24 to N38 and Diesel from N26 to N38. He argued that the hike was part of the process of Government’s plan to liberalise the downstream sector of the petroleum industry. He further claims that the new price will stem smuggling and will encourage both importers and prospective refiners to the country, thereby ensuring the availability of the products.

Monday, 30 June 2003, Abuja, Nigeria, Comrade Adams Oshiomhole, President, Nigeria Labour Congress (NLC) declared a total and indefinite nationwide strike action to protest the arbitrary fuel increment by the Federal Government. Though, the Government via an injunction obtained at a Lagos High Court has declared the strike illegal, Oshiomhole assures Nigerians that the strike will hold and Government should be prepared to negotiate with labour rather than adopt a fruitless legal option.

The National strike followed a peaceful course for the first 7 days, but event took a violent turn on the 8th day. The 7 day strike totally paralysed the socio-economic activity of the nation with billions of naira lost on a daily basis from all sectors economy. Nigerians took the labour for their words and played their part by staying indoors. With negotiation almost reaching an end on Saturday 5 July, 2003, the Government made a proposal of N35 for a litre of petrol which the NLC leadership rejected. But on the contrary, the leadership of the Trade Union Congress (TUC), a trade union body affiliated to the NLC and representing senior staffs of workers accepted the offer and publicly declared that their members should return to work immediately. On the part of the NLC they argued that Government could still accommodate N32 at such they insisted that the strike will continue.

Monday 7 July, 2003, Lagos, the commercial nerve centre of the country which was hitherto peaceful was set ablaze by Police brutally and alleged killing of about 9 people, as reported by most media. Many part of Lagos experienced riotous youths protesting the unwarranted killing of innocent citizens by men of the Police force. This action piqued the labour leadership and led to a final deliberation with the Government on Monday. The outcome of this meeting formed the issues discussed at the NLC’s National Working Committee meeting which lasted to the early hours of today Tuesday 8, July 2003 when Adams Oshiomhole read a communiqué stating that the NLC had agreed to the Governments’ new price proposal of N34 for Petrol and N32 for both Kerosine and Diesel. The strike was immediately called off.

A lot of commentators have advised the Government to ensure that Nigeria’s 4 refineries are fixed to forestall further increments in the prices of Petroleum products. Government should always employ consultation and dialogue in any policy that will affect directly the Nigerian people. A lesson to be learnt with the just ended strike is the power of negotiation and the insensitive attitude of Obasanjo administration to the masses that voted him to power.

© NigeriaBusinessInfo.com

Tell your friends about this page! Email it to them.

UP


N
B
I
Our Recent Features

Six arrested over 'Nigerian email' frauds (ZDNet UK News)

"Give Localities Autonomy of Their Resources" Ishola Williams - Part 2 (55kb)

"Give Localities Autonomy of Their Resources" Ishola Williams - Part 1 (52kb)

International Finance Corporation (IFC) Projects in Nigeria

Nigeria and Foreign Direct Investments (FDI)

Sharia Imposes Discriminatory Punishments - Nigeria's Justice Minister

Private Universities in Nigeria: Focus on Covenant University

INTERVIEW - with P.R.O, Nigerian Customs Service

Prospects of Nigerian SMEs Under The Small and Medium Industries Investment Scheme (SMIEIS).

Central Bank of Nigeria: Monetary Policy, 2002 & 2003 (74kb)

Review of Nigeria's Stock Market in 2001

Interview with PRO, Nigerian Immigration Service

The Nigerian Investment Promotion Commission - The Journey So Far

Tourism Seminar Organised in Nigeria

Nigeria Set To Establish West Africa Free Trade Zone

ORACLE 9iAS Opens A Fresh Vista in E-Business in Nigeria

Nigerian Stock Exchange: Moving To Greater Height

 

Submit your comments about this site or something you found on it.
Privacy policy

NAME:

E-MAIL:

Tick to receive updates


Home   News & Features   Govt & Govt Agencies   Capital Market   Investment Opportunities   Economic Data   Chambers of Commerce    News Archive   Tourism & Leisure   Corporate Personality of The Month   Useful Nigeria-Specific Sites   Classified Adverts   Submit your Email for News Alerts   Recommend Us to Someone   Search This Site   Site Map    Link to Us   Legal Notices/Disclaimer   About This Site   Privacy Policy   About Us   Contact Us

   

Copyright © 2000-2001 bROADBASE(UK) Ltd & Broad End(Nig) Ltd. All rights reserved. Copyright © 2000-2001 Nigeriabusinessinfo.com. All rights reserved.