Nigeria's fuel subsidy hangover bodes ill for state finances
Nigeria's fuel subsidy hangover bodes ill for state finances Reuters 2/18/2021 * Oil marketers say petrol cost govt 30 naira/litre in Feb * NNPC's Kyari says full price float could hurt consumers * Pump prices have risen, citizens struggling to afford fuel By Libby George LAGOS, Feb 18 (Reuters) - Dauda Adekanbi drives one of the hundreds of yellow minibuses that weave through Lagos, Nigeria's thrumming commercial capital. Customers line up despite the coronavirus pandemic. But he has a different problem: rising petrol prices. "Fuel is the only thing the government keep increasing," the 50-...
Source: msn.com