Nigeria: Fuel Pricing - State or the Market?

14 January 2013
opinion

It is time for both anniversary and reflection on last year week long protest/national strike led by NLC/TUC/civil society coalition, following the arbitrary prohibitive hike in the price of petroleum product.

Legitimately the scale and the outcomes of the protests have so far dominated the anniversary discussions. Rightly too, people have demanded for justice for those who lost their lives in the struggle for appropriate people friendly petroleum products pricing. However there are also critical policy issues the strike raised which hunt the nation until the Federal government faces up to the challenge of good governance and development in general. For the labour movement, last year's strike was a continuation of similar strikes of 1988 and 2000 over the notorious issue of fuel pricing.

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