Nigeria's labour union petitions Obasanjo on fuel prices.

(From Panafrican News Agency (PANA) Daily Newswire)

Abuja, Nigeria (PANA) - The largest workers' union in Nigeria has asked President Olusegun Obasanjo to intervene and reverse last Friday's fuel price increase, even as the union prepares to meet on a possible strike to protest the price hike.

The federal government is itself planning a meeting with labour unions to stave off the envisaged strike.

The state-run Petroleum Products Pricing Regulatory Agency (PPPRA) has also moved to douse the rising tension by enjoining marketers to review the new prices downward.

The marketers, taking advantage of the so-called deregulation of the downstream …