Nigeria’s widest circulating newspaper
Bank debtors get PREVIEW New Year, new pains as pay-up notice NEWS Pages 6 & 7
2012:
BUSINESS
– Page 11
petrol price hike bites
www.thenationonlineng.net
TR UTH IN DEFENCE OF FREEDOM TRUTH
VOL. 7, NO. 1995 THURSDAY, JANUARY 5, 2012
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•Workers to get January pay on 20th
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From Yusuf Alli, Abuja
marketers and labour leaders, who are believed to be planning to cause chaos nationwide. Six marketers, who are said to be under probe for alleged covert fiContinued on page 4
N150.00
Govt sets up N10b transport loan
Strike: Security agencies probe six marketers MAJOR crackdown on fuel marketers is on the way, The Nation learnt last night. Security agents are worried over what a source said they see as a covert attempt to fuel the workers’ strike due to begin on Monday. Under security watch are some
•AMCON vows to recover debts
•Aganga
FLURRY of measures to temper the fuel price anger was announced yesterday. On the list: N10b revolving loan for transporters; deployment of 1,600 mass transit buses as from Monday; and January salary for civil servants on the 20th day of the month. Minister of Trade and Investment Olusegun Aganga announced these
From Vincent Ikuomola, Abuja
measures after an “emergency” meeting of the Federal Executive Council (FEC) in Abuja. He was flanked by Minister of Information Labaran Maku and Minister of Transportation Idris Umar. The meeting was presided over by President Goodluck Jonathan. Continued on page 4
ARITY FOR EVER: From left: NLC National Vice President Comrade Emmanuel Ajoku; Acting National Secretary Comrade Owei Lakemfa; President, Comrade Abdulwaheed SOLIDARITY •SOLID PHOTO: NAN Omar and Deputy President Comrade Mohammed Shuaibu after the meeting ... yesterday
Strike begins on Monday Labour orders closure of markets, airports, banks, petrol stations
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ABOUR has directed workers to proceed on an indefinite strike from Monday – in protest against the government’s sudden removal of petrol subsidy. Petrol price has climbed from N65 per litre to between N138 at Nigerian National Petroleum Corporation (NNPC) stations and N200 in some states since New Year’s Day when the policy was announced.
From John Ofikhenua, Abuja
The government’s action has been greeted by street protests in many cities. After a meeting in Abuja, NLC President Abdulwaheed Omar read a joint statement by the NLC and the Trade Union Congress (TUC). He said: “From Monday 9th January 2012 date, all offices, oil produc-
N65
•The pre-New Year’s Day petrol price which Labour says the Federal Government should revert to or face a strike as from Jan. 9
tion centres, air and sea ports, fuel stations, markets, banks, among others, will be shut down.” Omar said there was a subsisting understanding between Labour
and the Federal Government in 2009 that removal of subsidy will not begin, until certain conditions have been met. He said these conditions, which include fixing of the refineries and building of new ones, have not been met. The others are regular power supply and provision of other social infrastructure, such as railways and repairs of roads as well as eliminating the corruption associated with supply and distribution of petroleum products in the downstream sector of the oil industry. In the communiqué, entitled “In defence of the Nigerian people on fuel price increases”, labour advised Nigerians to stockpile basic needs, especially food and water. The communiqué added: “After
exhaustive deliberations and consultations with all sections of the populace, the NLC, TUC, and their pro-people allies demand that the Presidency immediately reverses fuel prices to N65. If the Government fails to do so, Labour directs indefinite general strike, mass rallies and street protests be held across the country with effect from Monday 9th January, 2012.” Labour explained that the primary objective of the call for a strike is to “reverse the fuel price to N65, restore normalcy and reclaim Nigeria for Nigerians”. NLC and TUC called on Nigerians to participate in the strike. Omar advised the police and the armed forces not to use their arms Continued on page 4
•SPORT P23 •EDUCATION P25 •N/HEALTH P43 •POLITICS P45 •E-BUSINESS P47