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Strikes Nigeria

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BUSINESS
August 24, 1994 | From Times Staff and Wire Reports
Labor Leader Denies Nigerian Oil Strike Broken: The fired president of Nigeria's white-collar oil union denied reports that most members of the union were heeding a back-to-work decree from military ruler Sani Abacha. "The claim . . . is a hoax," Bola Owodunni told Reuters. "Only people on essential duties have resumed, and they are mostly management staff." Industry officials, meanwhile, said it was too early to tell if the 7-week-old protest was over.
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BUSINESS
June 21, 2007 | From Times Staff and Wire Reports
The first day of a general strike brought much of Nigeria to a standstill, and unions threatened to halt oil exports from Africa's top producer unless the government reversed an increase in fuel prices. Unions vowed to sustain the strike indefinitely despite a series of concessions offered by President Umaru Yar'Adua, who faces the first major test of his government three weeks after taking office.
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BUSINESS
June 21, 2007 | From Times Staff and Wire Reports
The first day of a general strike brought much of Nigeria to a standstill, and unions threatened to halt oil exports from Africa's top producer unless the government reversed an increase in fuel prices. Unions vowed to sustain the strike indefinitely despite a series of concessions offered by President Umaru Yar'Adua, who faces the first major test of his government three weeks after taking office.
BUSINESS
July 5, 2003 | From Bloomberg News
Crude oil futures fell in London on Friday amid expectations that a 5-day-old general strike in Nigeria over fuel prices may end this weekend. That would remove a threat that oil exports from Africa's largest producer may be disrupted. Strike leader Adams Oshiomhole, president of the Nigeria Labor Congress, met with Nigerian President Olusegun Obasanjo on Friday and will discuss a compromise with other union leaders today, Agence France-Presse reported.
BUSINESS
July 5, 2003 | From Bloomberg News
Crude oil futures fell in London on Friday amid expectations that a 5-day-old general strike in Nigeria over fuel prices may end this weekend. That would remove a threat that oil exports from Africa's largest producer may be disrupted. Strike leader Adams Oshiomhole, president of the Nigeria Labor Congress, met with Nigerian President Olusegun Obasanjo on Friday and will discuss a compromise with other union leaders today, Agence France-Presse reported.
CALIFORNIA | LOCAL
August 22, 1994
The current furor (Aug. 11) concerning a very expensive new headquarters for the National Reconnaissance Office (NRO) calls to mind the wise counsel of C. Northcote Parkinson in "Parkinson's Law." He notes that organizations flourish in shabby, far-flung, inefficient facilities when their function is important. By contrast, the creation of a single, perfectly planned, plush central facility is a certain signal that the organization is no longer needed, and at the point of collapse.
BUSINESS
July 12, 1994 | From Times Staff and Wire Reports
The dollar plunged Monday to its lowest level against the German mark since October, 1992, and hit a new post-World War II low against the Japanese yen, after the United States and its allies failed to devise a plan to stabilize the greenback. Meanwhile, Treasury bond yields rose across the board, amid expectations that economic reports due out this week will show faster growth and rising inflation--leading to another Federal Reserve Board rate hike.
OPINION
August 7, 1994 | Adonis E. Hoffman, Adonis E. Hoffman is a senior associate at the Carnegie Endowment for International Peace and the former director of African affairs for the House of Representatives
Nigeria's most precious commodity--oil--is once again the focal point of increased international attention to the country's promise and problems. Coupled with the military govern ment's retreat from democracy, strikes by Nigeria's oil workers have hiked the global price of oil, crippled the Nigerian economy and brought the country to a virtual standstill. Unless the dictatorship of Gen. Sani Abacha relinquishes its political and economic chokehold, releases President-elect Moshood K.O.
BUSINESS
August 24, 1994 | From Times Staff and Wire Reports
Labor Leader Denies Nigerian Oil Strike Broken: The fired president of Nigeria's white-collar oil union denied reports that most members of the union were heeding a back-to-work decree from military ruler Sani Abacha. "The claim . . . is a hoax," Bola Owodunni told Reuters. "Only people on essential duties have resumed, and they are mostly management staff." Industry officials, meanwhile, said it was too early to tell if the 7-week-old protest was over.
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