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The four-day strike prompted a rush for petrol across Nigeria [AFP] |
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Nigeria's main trade unions have called off their four-day-old general strike over a rise in fuel prices after reaching an agreement with the government, both sides have said.
"The general strike is suspended with effect from midnight," a joint statement issued by unions and the government said on Saturday.
Union leaders met government negotiators after receiving a letter from Umaru Yar'Adua, Nigeria's president, pledging to freeze petrol prices at the pump for a year.
"In this kind of engagement, there is no question of winners or losers," Baba Gana Kingibe, the chief government negotiator, said.
"It is a question of compatriots coming together to discuss national issues and charting a course that is in the best interest of the nation," he said.
Prices held
The general strike had halted most economic activity in Africa's most populous nation, but vital crude oil exports were not affected.
The price of petrol will remain frozen at 70 naira ($0.55) per litre for a year, up from the previous price of 65 naira per litre.
The increase is half the amount proposed by Yar'Adua's predecessor Olusegun Obasanjo on the day he handed over power on May 28.
Leaders of the two main umbrella unions confirmed Yar'Adua had intervened, setting the moratorium on petrol prices.
"It was president Yar'Adua's personal intervention that halted the strike ... after listening to all the parties and examining the issues of contention," Olusegun Adeniyi, presidential spokesman, said.
The strike had forced the closure of schools, government offices, banks and filling stations.
Fuel price had soared to three or four times the normal price on the black market during the strike.
Virtually all domestic flights were grounded, with few nternational flights leaving the country.
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