Author Archives: Chief Oyibo

Labor union announces suspension of strike

Nigeria labour unions have announced they will suspend their strike over spiraling fuel prices in the oil-rich country. Nigeria Labor Congress President Abdulwaheed Omar made the announcement Monday. The decision comes after President Goodluck Jonathan made an offer to put … read more

Boko Haram ups game but no Al Qaeda

With a YouTube video reminiscent of the broadcasts of Osama bin Laden, Nigerian Islamist group Boko Haram seems keen to paint itself as part of a wider global jihad. But in reality, their concerns and focus look to remain almost … read more

Strike over fuel resumes Monday

Two major labor unions in Nigeria say a paralyzing nationwide strike will resume Monday after negotiations with the government failed. The Nigeria Labor Congress and the Trade Union Congress issued a joint statement Sunday confirming strikes would continue. The strikes … read more

Hawkers take over sale of petrol

AS the nation groans under the indefinite strike by workers and street protests, hawkers have taken over the petrol market across the country a News Agency of Nigeria (NAN) survey has shown. NAN found that while marketers are willing to … read more

Fuel gamble costs Jonathan his standing

President Goodluck Jon­athan likes to stress his humble roots in Nigeria by recalling how he went to school barefoot. Now, as protests sweep the nation, his common-man narrative has been turned against him. “Don’t trust the man without shoes,” one … read more

Militants Surround Oil Platforms

Some militants have surrounded oil platforms in Delta and Rivers States following a threat of strike by PENGASSAN over the fuel subsidy crisis. THISDAY learnt that in anticipation of the strike, the militants are positioning themselves to pump the crude … read more

Fuel subsidy talks ‘fruitful’

One of Nigeria’s main trade unions said talks with President Goodluck Jonathan over government’s removal of publicly popular fuel subsidies were ‘fruitful’ and ongoing, but strikes would continue until an agreement was reached. Nigeria scrapped subsidies on petrol imports on … read more

Nigeria Loses N100bn Daily, Says Sanusi

The nationwide strike against government’s removal of fuel subsidy is costing the economy about N100 billion ($617million) daily, the Governor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, has said. Also, Sanusi called for an agreement between … read more