Categorized | News

Federal Government of Nigeria to Stop Fuel Subsidies in Nigeria

Posted on 08 October 2011.

Nigeria has crude oil but import refined oil because the Nigerian federal government fail to operate refineries.

  • Fuel price in oil producing Venezuela cost 10 Naira per gallon.
  • Fuel price in Iran cost 48 Naira per gallon.
  • Fuel price in Saudi Arabia cost 70 Naira per gallon.
  • Fuel price in Nigeria currently cost 250 Naira per gallon.
  • Fuel price in Nigeria is projected to increase to 600 Naira per gallon, if fuel subsidies are removed by the Federal Government of Nigeria.

What do you think?


One Response to “Federal Government of Nigeria to Stop Fuel Subsidies in Nigeria”

  1. Trish says:
    November 11, 2011 at 7:10 pm

    Very true! Makes a change to see soemone spell it out like that. :)

    Reply

Trackbacks/Pingbacks


Leave a Reply


seven × = 7

Share Nigerians Saving Nigerians With Your Friends

Nigerians Saving Nigerians is registered as a nonprofit corporation with the Secretary of State of Texas, U.S.A. Nigerians Saving Nigerians is a nontribalistic and nonprofit organization, founded on the 27th of September, 2011. The purpose of Nigerians Saving Nigerians is to strengthen civic duties among Nigerians in order to foster peace and prosperity. The purpose of the Nigerians Saving Nigerians website is to provide a platform where Nigerians can organize peacefully in order to strengthen the development of Nigeria.

Find Us On Facebook

Featured video on Nigerians Saving Nigerians: Spoken word performance by President Barack Obama Fellow, Omololu Omotosho.

php developer india

Video of the week: Africa Rising

php developer india
STAY INFORMED, PLEASE SUBSCRIBE TO OUR NEWSLETTER!
Please, Like the Facebook fanpage of Nigerians Saving Nigerians. Share your favorite posts with Facebook and Twitter friends.