Arab Today, arab today protests tear gas as fuel prices soar in nigeria
Last Updated : GMT 16:46:42
Arab Today, arab today
Arab Today, arab today

Protests, tear gas as fuel prices soar in Nigeria

Arab Today, arab today

Arab Today, arab today Protests, tear gas as fuel prices soar in Nigeria

Abuja - AFP

Police fired tear gas at protesters in the Nigerian capital Monday as anger mounted after the government ended fuel subsidies, more than doubling petrol prices in the poverty stricken country. The move announced Sunday in Africa\'s most populous nation and largest oil producer, saw petrol prices rocket to about 140 niara (0.66 euros, $0.96) per litre on Monday from 65 niara, where the price had been artificially held. Most Nigerians live on less than two dollars a day. Queues formed Sunday and again on Monday, a public holiday, with drivers hoping to purchase fuel before prices rise further and fearing a strike by tanker drivers will result in a shortage. In Lagos, the country\'s largest city, and in the capital Abuja, an initial rush on petrol stations died out later Monday, but there were fears of what lay ahead Tuesday when Nigerians return from the Christmas holidays. Police fired tear gas to break up a protest in Abuja, according to video taken by local Channels television and seen by AFP. The demonstration included former member of parliament Dino Melaye, and the video appeared to show security agents taking him away, with several hundred people present. Police said they had dispersed people blocking a road, but did not confirm that tear gas was used. \"A group of people whose identities were not known were blocking a public highway, obstructing the movement of vehicles,\" said police spokesman Yemi Ajayi. \"They were dispersed.\" Melaye had earlier organised the signing of a petition near the capital\'s main parade ground, Eagle Square, which armed soldiers and policemen had cordoned off to bar more people from joining the early protest arrivals. \"The essence of this is to mobilise Nigerians to register their displeasure against the satanic increase of the pump price of petroleum products,\" Melaye told reporters earlier. \"It is also to kickstart a mass protest that will follow ... The battle to fight this is a battle of no retreat, no surrender.\" Protests of several hundred people broke out in Kano, the largest city in Nigeria\'s north, with a student leader threatening riots if the decision was not reversed, while the country\'s main labour unions warned of mass action. \"We intend to work with other groups to completely paralyse the government and make the country ungovernable,\" said Denja Yaqub, assistant secretary general of the Nigeria Labour Congress. Protest threats in Nigeria have often fizzled out in the past, but the fuel subsidy issue is one of the few that unites much of the vast country, with widespread popular opposition to the move. Economists and government officials view removing the subsidy as essential to allowing for more spending on the country\'s woefully inadequate infrastructure and to ease pressure on its foreign reserves. Nigerians however see the subsidy as their only benefit from the nation\'s oil wealth. The government says more than $8 billion was spent in 2011 on fuel subsidies. Nigeria refines very little of its crude despite being a major oil producer and OPEC member, a situation blamed on corruption and mismanagement, forcing the country to import fuel even while it exports crude. Subsidies were supposed to keep pump prices low even though fuel is imported at market prices, but there have been serious questions over how the subsidy cash has been paid out. There have been accusations that much of the money goes to corrupt elites. Fuel was also sold above the set price in many areas outside of major cities. The new policy deregulates the sector, though prices will still have to be in line with a benchmark rate to be posted regularly on the Petroleum Products Pricing Regulatory Agency website. The rate will be in line with market conditions. President Goodluck Jonathan along with his highly respected central bank chief, Lamido Sanusi, and the finance minister, ex-World Bank managing director Ngozi Okonjo-Iweala, pushed hard for the subsidy removal. They have argued that it is key to unlocking development in a country that has been unable to provide even sufficient electricity to its population despite its oil wealth. Years of deeply rooted corruption have resulted in profound distrust of government officials in Nigeria.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today protests tear gas as fuel prices soar in nigeria Arab Today, arab today protests tear gas as fuel prices soar in nigeria

 



Arab Today, arab today
Arab Today, arab today Rabia Fatima reveals role of "Facebook" in her career

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 15:37 2017 Wednesday ,22 February

Nakilat Posts QR 955 Million Profit in 2016

GMT 15:32 2017 Wednesday ,22 February

Laffan Refinery 2 Cost QR 3 Billion

GMT 15:31 2017 Wednesday ,22 February

Oil up 2% as OPEC chief sees higher compliance with cuts

GMT 07:00 2017 Wednesday ,22 February

Oil prices rise on high OPEC compliance with output cuts

GMT 05:23 2017 Tuesday ,21 February

Oil rises, but growing US output threatens rally

GMT 00:24 2017 Tuesday ,21 February

OPEC daily basket price announced for Thursday

GMT 16:12 2017 Sunday ,19 February

Oil prices still under pressure from North America
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday