Nigeria unions vow more strikes unless government concedes to protests
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Uploaded by AlJazeeraEnglish on Jan 12, 2012
Nigeria's embattled president will meet unions for a second time on Saturday to try to avert a complete shutdown of oil and gas production.
It's the latest backlash over the government's decision to cut fuel subsidies.
A national strike has been in place since Monday.
Al Jazeera's Haru Mutasa reports from Abuja.
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Nigeria supplies the world with over 2,200,000 barrels of oil per day. Over 8% of the crude oil that the U.S. imports comes from Nigeria.
In addition Iran is on the verge shutting the Strait of Hormuz to oil tankers…on any given day 20% the world’s crude oil passes through this strait. Then there’s the supply disruptions that are a result of the US imposed sanctions upon Iran. It’s quite likely that next week me may see a >5% increase in the price of crude.
vindictiveification 1 month ago
you wanna buy electric car? PHCN is still the same you know! then you will have to buy fuel to power your gen to charge your electric car.... May God help this country
thebitbender 1 month ago
Imf, world bank, UN, .... all U.S. entities, so if you looking for someone to blame, look no further.
NaijaLIB 1 month ago
I hope johnathan gets overthrown, and corruption goes along with him.
live215 1 month ago
yeah...fuck the IMF. They've done some good things, but they're manipulative sons of bitches.
Imperiused 1 month ago
take all IMF officials put them in a heap cover them with oil and then meke good use of a box of matches
skylabx2000 1 month ago
Shake off the neoliberal reforms and Nigeria would become the most prosperous country in Africa.
Arkinight 1 month ago
I'm gonna buy an electric car.
lianghaochen 1 month ago
I'm sorry Al Jazeera, but I didn't even notice Babatunde Ogun was speaking English until 0:33, please provide subtitles.
Unclesamslair 1 month ago