Following protests and demonstrations which broke out in many states on Tuesday over fuel subsidy removal – leading to the death of a protester in Ilorin, Kwara State and some injured in other parts of the country, President Goodluck Jonathan has called an emergency session of the Federal Executive Council (FEC).
Report says the purpose of the meeting is to discuss issues relating to fuel subsidy removal and the nationwide anger and protests that have followed the fuel hike and the declaration of state of emergency in 15 local government areas in four states.
The FEC meeting, which was adjourned till January 11, 2012 from its last meeting in December, have been rescheduled to take place this morning Wednesday Jan 4, 2012 at the Presidential Villa.
Labour leaders and activitists have said they will ground the economy if the decision is not reversed.
In the meantime, the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) – the two biggest labour unions in the country – announced yesterday that their members would go on strike from Wednesday next week to press home a reversal of the deregulation policy.