ORGANISED labour, yesterday, insisted it would shut down the economy from Wednesday, May 18, should the Federal Government fail to revert the pump price of petrol to the pre-May 11 price of N86.50, among other demands, by midnight of Tuesday, May 17.
The declaration was made on a day indications emerged that government was disposed to amicable settlement of the price hike impasse with labour.
In the meantime, the umbrella body for private sector employers in the country, Nigeria Employers’ Consultative Association, NECA, has faulted the plan by labour to go on strike, urging the private sector employees to ignore the strike directive and go about their normal businesses.