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NIGERIA: Fuel subsidy makes a comeback

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On 1 March, the state-owned Nigerian National Petroleum Corporation (NNPC) announced that domestic fuel prices would remain fixed in March, despite the ongoing oil price rally. Echoing a similar statement in February, today‘s announcement provides the latest indication that the f...

 

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NIGERIA: Fuel subsidy makes a comeback

On 1 March, the state-owned Nigerian National Petroleum Corporation (NNPC) announced that domestic fuel prices would remain fixed in March, despite the ongoing oil