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.

  • 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 »

Photo: Vanguard

A cartoonist depicts slow progress on resolving the issues surrounding Nigeria's subsidy on fuel.

  • Nigeria:  Jonathan Insists On Petrol Subsidy Removal

    Daily Trust, 16 November 2012

    President Goodluck Jonathan yesterday said the only way to attract investors to the downstream petroleum sector and make fuel products available is to scrap subsidies. He spoke in ... read more »

  • Nigeria:  Subsidy Scam - ANPP Opposes Plea Bargain

    This Day, 16 November 2012

    The All Nigeria Peoples Party (ANPP) has frowned on the reported plan by the Economic and Financial Crimes Commission (EFCC) to enter into a plea bargain for suspects arraigned in ... read more »

  • Nigeria:  Jonathan - Removing Fuel Subsidy Will Attract Foreign Investors

    This Day, 16 November 2012

    The argument for a complete removal of fuel subsidy re-emerged yesterday as President Goodluck Jonathan said it was the only way to attract investors to the petroleum sector. read more »

  • Nigeria:  Jonathan Insists on Removal of Fuel Subsidy

    Vanguard, 15 November 2012

    President Goodluck Jonathan Thursday renewed the call for the removal of fuel subsidy saying this is the only way to encourage private investment into the nation's refineries. read more »

InFocus