(Reuters) - The Nigerian government unexpectedly raised the pump price of fuel by 15 percent to 75 naira per litre on Sunday, an unpopular move that comes just three days before President Olusegun Obasanjo steps down.
The price hike, implemented at service stations without any official announcement, is likely to cause an immediate crisis for the incoming government of Umaru Yar'Adua, who takes over on Tuesday.
Read more at Reuters Africa
The price hike, implemented at service stations without any official announcement, is likely to cause an immediate crisis for the incoming government of Umaru Yar'Adua, who takes over on Tuesday.
Read more at Reuters Africa
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