By InvestAdvocate

INVESTADVOCATE-Strong Indications emerged Saturday night that Nigerian Labour Congress (NLC), Trade Union Congress (TUC) and the Federal Government of Nigeria (FGN) reached no truce in its dialogue to discuss the removal of fuel subsidy in Abuja Nigeria.

According to information reaching www.investadvocateng.com, the NLC/TUC at the meeting insisted Government revert to the N65.00 pump price of petrol before determining further negotiations on the issue.

 However, Abdulwaheed Omar Nigeria’s Labour Union President said that Petroleum Natural Gas and Senior Staff Association of Nigeria (PENGASSAN) would not shot down operations contrary to reports that emerged in the Media.

Also reports reacing www.investadvocateng.com says that Nigeria’s FG through David Mark Senate President had proposed a reduced price of N120.00 compared to the N141 per litre initially offered; indicating about 15 percent (15%) reduction in pump price of petrol in Nigeria.

www.investadvocateng.com further gathered that Organised Labour told Journalist that they would immediately consult with their National Executive Council (NEC) on the outcome of the meeting for further deliberations.

Following this development, the Nationwide strike and protest by Organised Labour and the Civil Society Group would on Monday January 16 2012 continue.

Labour’s resolve following this development was contrary to rumours going round that the NLC and TUC leadership has compromised.