Monday, January 16, 2012

Nigeria labor says no agreement to end fuel strike

Men grind pepper at a market in Obalende Lagos, Nigeria, Saturday, Jan. 14, 2012. Nigeria's government will meet with labor unions in a last bid to halt a paralyzing national strike that now threatens oil production in Africa's most populous nation. (AP Photo/Sunday Alamba)

Men grind pepper at a market in Obalende Lagos, Nigeria, Saturday, Jan. 14, 2012. Nigeria's government will meet with labor unions in a last bid to halt a paralyzing national strike that now threatens oil production in Africa's most populous nation. (AP Photo/Sunday Alamba)

People shop at a market in Obalende Lagos, Nigeria, Saturday, Jan. 14, 2012. Nigeria's government will meet with labor unions in a last bid to halt a paralyzing national strike that now threatens oil production in Africa's most populous nation. (AP Photo/Sunday Alamba)

A man sells yams at a market in Obalende Lagos, Nigeria, Saturday, Jan. 14, 2012. Nigeria's government will meet with labor unions in a last bid to halt a paralyzing national strike that now threatens oil production in Africa's most populous nation. (AP Photo/Sunday Alamba)

A man push cart with water at a market in Obalende Lagos, Nigeria, Saturday, Jan. 14, 2012. Nigeria's government will meet with labor unions in a last bid to halt a paralyzing national strike that now threatens oil production in Africa's most populous nation. (AP Photo/Sunday Alamba)

People shop at a market in Obalende, Lagos, Nigeria, Saturday, Jan. 14, 2012. Labor unions planned to begin negotiations again with the government Saturday over ending a paralyzing nationwide strike over high gasoline prices, but many in Africa's most populous nation began stocking up on food and supplies in case no agreement is made. (AP Photo/Sunday Alamba)

(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.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-01-14-AF-Nigeria-Fuel-Subsidy/id-3d3956552d894fea8c75f6609925fdd2

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