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 ...
Read the rest of the story on Yahoo Nigerian News

Added January 18, 2015
from Yahoo Nigerian News