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Nigeria lowers oil price ahead of presidential vote

Africa's largest oil producer Nigeria on Sunday announced a cut in petrol prices, a month before the country votes in presidential and parliamentary elections. Oil minister Diezani Alison-Madueke told an evening press conference that the price of a litre of petrol would drop from 97 naira to 87 naira (47 US cents) at midnight on Sunday. The measure was taken with the approval and directive of ...
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Added January 18, 2015
from Yahoo Nigerian News