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Nigeria s fuel subsidy hangover bodes ill for state finances Reuters 2/18/2021 Oil marketers say petrol cost govt 30 naira/litre in Feb NNPC s Kyari says full price float could hurt consumers Pump prices have risen, citizens struggling to afford fuel By Libby George LAGOS, Feb 18 (Reuters) - Dauda Adekanbi drives one of the hundreds of yellow minibuses that weave through Lagos, Nigeria s thrumming commercial capital. Customers line up despite the coronavirus pandemic. But he has a different problem: rising petrol prices. Fuel is the only thing the government keep increasing, the 50-year-old told Reuters on a busy Friday afternoon. While Adekanbi is feeling the pinch, observers say government coffers are at risk, too.

Abuja federal capital territorySeun sanniLibby georgeDauda adekanbiTunji oyebanjiJohn stonestreetCamillus ebohBello rabiuMele kyariMajor oil marketers associationCentral bankWorld bankReporting by libbyகூட்டாட்சியின் மூலதனம் பிரதேசம்லிபி ஜார்ஜ்ஜான் ஸ்தோனேஸ்ற்ரீட்