Petrol Price Panic: Nigeria

Barring last minute change, a litre of petrol may cost between N72.00 and N75.00 from Monday following Nigerian National Petroleum Corporation’s (NNPC) decision yesterday to stop its alleged N600 million daily subsidy on the product forthwith.

…The House, while condemning the incessant price hikes, stressed that Nigerians are already impoverished and warned that they may be forced to revolt if another price hike is effected.