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Nigeria: Oil Subsidy Must Go - Jonathan
Vanguard, 16 November 2012
President Goodluck Jonathan declared, yesterday, that fuel subsidy must be removed, arguing that this was the only way to encourage private investment in the nation's refineries. Read more »
Nigerian President Insists Fuel Subsidy Must Go
President Goodluck Jonathan believes removing the fuel subsidy is the only way to encourage private investment in the nation's refineries, despite months of protests and a costly strike against the decision.
A cartoonist depicts slow progress on resolving the issues surrounding Nigeria's subsidy on fuel.
InFocus
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The country may have missed the seven percent projected GDP growth target, while air and shipping sectors buckle under pressure placed by the nationwide fuel subsidy strike. Read more »
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Transportation fares have been hiked across the country following the announcement of the removal of the fuel subsidy. Read more »
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There were holdouts in some areas, especially those loyal to President Goodluck Jonathan, but reports reflected widespread support for the nation-wide strike called to protest the ... Read more »
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State governors are poised for a legal battle with the government over what they term exorbitant deductions by the government to fund the fuel subsidy. Read more »
