(CNN) Lagos – Abiodum Aremu of the Nigeria Labour Congress said the group will only accept a return to prices before the government ended fuel subsidies on January 1.
Fuel prices used to be about 65 nairas (40 cents) per liter, but the end of subsidies doubled gas prices and sent the costs of other goods skyrocketing.
On Monday morning, Nigerian President Goodluck Jonathan announced the government has slashed fuel prices.
“Given the hardships being suffered by Nigerians, and after consideration and consultations with state governors and the leadership of the National Assembly, (the) government has approved the reduction of the pump price of petrol to 97 nairas (60 cents) a liter,” Jonathan said in his speech.