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Nigeria fuel subsidy budget will fall short: c.bank

ABUJA (Reuters) - Nigeria's 2012 budget allocation to pay fuel subsidies will run out before the end of the year, risking Africa's second biggest economy raiding its oil savings and borrowing more, the central bank governor told Reuters. "With oil prices where they've been since the beginning of the year I'm sure that we will be exposed to that amount long before the year runs out," Lamido ...
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Added April 19, 2012
from Yahoo Nigerian News