Nigeria inflation rises on fuel subsidy removal

ABUJA (Reuters) - Nigerian inflation was higher than expected in January, data showed on Monday after the government removed fuel import subsidies and then only partially reinstated them, sending prices higher. The government scrapped the subsidies on January 1 but was forced to partially reinstate them to quell protests over the costs of petrol. Fuel prices fell but stayed higher than they had ...
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Added February 20, 2012
from Yahoo Nigerian News