Update: Nigerian Strike Close to Resolution

Nigerian union leader, Adams Oshiomhole, said an agreement to put an end to the general labor strike looks promising after the country's vice president, Atiku Abubakar, was put in charge of the negotiations. President Olusegun Obasanjo, who triggered the walkout and street protests by doubling the price of petrol in the country intervened after a union vowed to halt Nigerian oil exports of over two million barrels per day from Friday. "The president appreciates that it is a political problem that needs a political solution," Oshiomhole told reporters as he emerged from a meeting with Obasanjo. "He agreed with us and has asked the vice-president to head the government delegation to the talks," he said. "We are now close to the solution going by the outcome of our meeting with the president."