Petroleum Pricing in Nigeria - What's the Problem?

Publisher:
Open Society Initiative for West Africa
Publication Date:
18 September 2014
Tags:
Nigeria, Petroleum

Petroleum product pricing is a troubling issue in Nigeria and a major focus of numerous subsidy debates held in the country in the run up to the 2012 subsidy protests. The debates revealed that there was no common front/agreeable cost of refined petroleum, kerosene and diesel per litre in Nigeria. As a result, various agencies quoted different figures. Corruption seemingly thrived under these conditions in the subsidy programme.

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