The rising price of fuel in Nigeria

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Earlier this week we heard on Africa Daily from people struggling to manage as the cost of essential food items and fuel rockets in Nigeria. Inflation is now close to 30% and many stores have stopped displaying prices for the goods on sale - because prices are increasing so fast. ...  Show more

Large fuel subsidies in Nigeria are popular but <a href="https://www.economist.com/leaders/2024/09/11/nigerias-catastrophic-fuel-crisis-has-a-straightforward-solution?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymo ...

As Nigerians decide on a new president, the country’s economy is reeling. Nigeria’s public debt is growing, inflation is soaring, and half of adults can’t find steady work. People wait in line for hours at gas stations to fill their cars and light their homes with generators beca ...  Show more

Last month Emirates Airlines announced it was halting flights to Nigeria – saying it was owed millions of dollars. The plight of passengers suddenly forced to find creative and expensive ways to travel thousands of miles grabbed the world’s attention – and within days of the cris ...  Show more