The objective situation in Nigeria can best be described as a big time bomb ticking at a very fast rate. The Trade Union leadership is under a lot of pressure, as big revolts over wages and working conditions have broken out. They are still holding back the movement qualitatively but it is only a matter of time before it explodes on a higher level. Many of the big companies are now directly cutting wages by as much as 40%-70%. The pressures on the lower classes are mounting by the day. The stock exchange is always overheating. A crash is inevitable.

The process of privatisation and increase in school fees is common the world over. In Nigeria there are plans to impose huge increases in university fees on students who are already finding it difficult to cover their costs. At the same time, university staff has not been receiving wages. At the OAU University in Ife Nigeria the workers and the students are fighting back. The workers have been out on strike and the students are supporting them. We are publishing a press statement we have received from the Ife students.

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