BUSINESS

Late-night talks to stop crippling strike in Nigeria end, protests to continue Monday

01/15/2012 07:19 EST | Updated 03/16/2012 05:12 EDT
ABUJA, Nigeria - Late-night negotiations between union officials and President Goodluck Jonathan have ended without any indication of an agreement to end a crippling nationwide strike over high fuel costs in Africa's most populous country.

Government and union officials left the meeting late Sunday night without commenting on the talks to reporters. President Goodluck Jonathan had been scheduled to give a speech at 9 p.m. local time (2000 GMT) on state-run television, but the scheduled time passed without any message.

The strike began Jan. 9 over spiraling gasoline prices following the removal of an estimated $8 billion in fuel subsidies in Africa's most populous nation. Jonathan has said those savings would go toward needed public projects in Nigeria, but many have lost faith because of rampant government corruption.