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Nigeria Ends Fuel Subsidies

Posted January 1st, 2012 at 3:30 pm (UTC-5)
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Nigerian authorities are ending fuel subsidies. The Petroleum Products Pricing Regulatory Agency announced Sunday that it will stop paying the subsidies to fuel importers effective immediately. The plan is expected to be widely unpopular with Nigerians, whose country is the continent’s top exporter of crude oil. Previous attempts to end the subsidy have prompted strike […]

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