Petrol prices more than doubled in Nigeria as the government scrapped a fuel subsidy.
Nigerian Fuel Price Doubles as Govt Scraps Subsidy
The fuel price at the pumps has soared with the abolition of a subsidy, which proponents say will eliminate corruption in how it is allocated but labour is vowing to fight the move.-
Nigeria: Fuel Price Soars 116 Percent
Vanguard, 2 January 2012
A litre of petrol jumped by 116% yesterday to N141 after the Federal Government sanctioned the removal of the controversial subsidy on the price of petrol. Read more »
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Nigeria: The Fuel Subsidy Debate
Daily Trust, 2 January 2012
The government spent millions of naira in advertisements to smooth the pill it knew is bitter, to make it easier for Nigerians to swallow. And the pushback from Nigerians, civil… Read more »
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Nigeria: Transport Fares Soar After Fuel Subsidy Ends
Daily Trust, 2 January 2012
Intra-city and inter-state transportation fares have been hiked across the states of the federation today following the announcement of the removal of the subsidy on petrol… Read more »
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Nigeria: Unions Threaten Mass Protests Over Fuel Price
This Day, 2 January 2012
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have declared a showdown with the Federal Government through mass protests and strikes until the price of… Read more »
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Nigeria: Jonathan's New Year Gift - Petrol Litre Now N143
Daily Trust, 2 January 2012
Petroleum marketers yesterday began adjusting their pump meters while some stopped dispensing fuel shortly after the Federal Government announced the removal of subsidies on petrol… Read more »
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Nigeria: Who Shared Esclating Subsidies?
Vanguard, 2 January 2012
Nigeria is a funny place to do business. It is a country where blame game thrives. It neither respects the sanctity of contract nor respect individual property rights. Most time… Read more »
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Nigeria: Panic As Filling Stations Shut in Ibadan, Osogbo, Akure
Daily Trust, 2 January 2012
There was confusion and panic in most villages and towns on yesterday as news of the federal government's removal of fuel subsidy filtered into the streets. Read more »
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Nigeria: This Is a Call for Anarchy - Labour
Daily Trust, 2 January 2012
Labour unions yesterday reacted angrily to the Federal Government's announcement of ending petrol subsidies, saying it was a callous and insensitive move that must not be allowed… Read more »
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Nigeria: 'It Will Bring Untold Hardship'
Daily Trust, 2 January 2012
The National Chairman of the Progressive Peoples Alliance (PPA) Chief Sam Nkire has said that the removal of subsidy on Premium Motor Spirit (PMS) will bring untold hardship on the… Read more »
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Nigeria: Fuel Subsidy Removal - We Will Block It Legally - Reps
Daily Trust, 2 January 2012
The House of Representatives will do everything legally possible to stop the removal of fuel subsidy, Deputy Minority Leader Rep Suleiman Abdurahman Sumaila (ANPP, Kano) has said. Read more »
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Nigeria: As Jonathan Removes Fuel Subsidy - PPPRA Fixes Fuel Price At N143
Leadership, 2 January 2012
At last, President Goodluck Jonathan has ordered the removal of fuel subsidy effective from yesterday. It could be regarded as a surprise new year gift to Nigerians, in spite of… Read more »
