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Fuel Subsidy Facts by bolaomisore: 5:45pm On Mar 08, 2012 |
The fierce protests over fuel prices that rocked Nigeria in January have subsided, but the effects of a rollback in subsidies are still keenly felt, at the gas pump and beyond. President Goodluck Jonathan delivered an unwelcome New Year's Day surprise to the public when he announced the elimination of Nigeria's fuel subsidy, which kept gas prices artificially low, at about $1.50 per gallon (40 cents per liter). In short order, fuel prices more than doubled. http://news.nationalgeographic.com/news/energy/2012/03/120307-nigeria-tries-to-end-fuel-subsidy/ |
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ACF Condemns Kaduna Bombing As Death Toll Rises To Over 40 / CNN Interviews Ngozi Okonjo-Iweala- Last Ditch Effort For World Bank Job Video / Fuel Subsidy Probe: Tambuwal Faces Impeachment Threat
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