video Video
Nigeria slashes petrol prices
Monday, January 16, 2012 - 01:38
Jan. 16 - Nigeria's government tries to end mass protests and strikes with lower petrol prices after end of petrol subsidy causes uproar. Jessica Gray reports.
▲ Hide Transcript
▶ View Transcript
Nigeria's President Goodluck Jonathan attempts to calm citizens by slashing prices at the pumps. Many in Nigeria are angry after Jonathan ended a national petrol subsidy, sparking mass protests and strikes. The sudden cut meant prices more than doubled overnight to 150 naira per liter, or just under a U.S. dollar. Few say the government's decision to cap petrol at 97 naira per liter is enough to solve the subsidy issue or the country's struggle with poverty. (SOUNDBITE) (English) UNIDENTIFIED LAGOS RESIDENT SAYING: ''President Jonathan and his team of advisors have lost touch with reality, the idea is not about the amount, the idea is that you are coming against the voice of the Nigerian people, you do not decide that unilaterally, well what brought about 97, why not 94? What breakdown is that? What percentage growth is that? We are no longer stupid and he should not treat us and the rest of the world as if we don't know what is going on, we do." While unions suspended protests to enter new negotiations, some strikes could continue. If talks break down completely, the country's biggest oil union promised to cut production. Despite this, Jonathan's government has refused to back down and is likely to remove more subsidies he says breed waste and corruption. Jessica Gray, Reuters
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code
Nigeria slashes petrol prices
Monday, January 16, 2012 - 01:38
Top News »
2:43am BST - (1:29)
Mon, 16 Jul, 2018 - (2:30)
Mon, 16 Jul, 2018 - (1:49)
Mon, 16 Jul, 2018 - (2:05)
Mon, 16 Jul, 2018 - (0:43)
Mon, 16 Jul, 2018 - (0:49)
Mon, 16 Jul, 2018 - (1:29)
Mon, 16 Jul, 2018 - (2:02)
Sun, 15 Jul, 2018 - (1:30)
Sun, 15 Jul, 2018 - (1:20)
Sat, 14 Jul, 2018 - (1:42)
Sat, 14 Jul, 2018 - (0:42)
Editors' Picks »
11:16am BST - (1:58)
Mon, 16 Jul, 2018 - (2:05)
Sun, 15 Jul, 2018 - (2:13)
Sun, 15 Jul, 2018 - (0:43)
Sun, 15 Jul, 2018 - (1:01)
Sun, 15 Jul, 2018 - (1:31)
Fri, 13 Jul, 2018 - (2:01)
Fri, 13 Jul, 2018 - (2:12)
Fri, 13 Jul, 2018 - (2:12)
Most Popular »
Wed, 23 Aug, 2017 - (1:41)
Business »
6:03pm BST - (4:35)
5:49pm BST - (1:55)
5:23pm BST - (2:12)
5:08pm BST - (1:54)
5:07pm BST - (1:05)
4:09pm BST - (1:22)
4:03pm BST - (1:06)
2:44pm BST - (1:25)
2:43pm BST - (1:58)
2:41pm BST - (1:28)
2:40pm BST - (1:24)
2:39pm BST - (1:26)
Featured Videos
Iraq’s wetland wildlife under attack by water shortages, salinity
Water buffaloes living in Iraq's southern wetland are in danger as low water levels and increased salinity are helping to spread disease among animals
Classic 1965 Ford Mustang given self-driving abilities
Scientists have teamed up with engineering firm Siemens to retro-fit a classic 1965 Ford Mustang with driverless technology, and have tested it on a racetrack at the Goodwood Festival of Speed
Cheetah robot can run and avoid obstacles despite being 'blind'
MIT researchers have created a robot cheetah that jumps and runs across rough terrain, climbs over debris, and maintains balance when being pushed around, despite having to rely on 'blind locomotion'
Henman trains 'ball dogs' for tennis tournament
Canines must have lightning speed, endless endurance and good concentration to be on court at the Champions Tennis tournament in December
Champs-Elysees transformed into open-air cinema for a night
Paris's most famous, tree-lined avenue screens classic French movie 'Les Visiteurs'
Technology »
Sun, 15 Jul, 2018 - (1:22)
Sun, 15 Jul, 2018 - (1:55)
Sun, 15 Jul, 2018 - (0:53)
Fri, 13 Jul, 2018 - (1:02)
Thu, 12 Jul, 2018 - (1:34)
Wed, 11 Jul, 2018 - (1:25)
Wed, 11 Jul, 2018 - (1:04)
Wed, 11 Jul, 2018 - (2:12)
Tue, 10 Jul, 2018 - (1:43)
Entertainment »
3:57pm BST - (1:19)
11:53am BST - (1:53)
Sun, 15 Jul, 2018 - (1:36)
Sat, 14 Jul, 2018 - (0:47)
Sat, 14 Jul, 2018 - (1:05)
Sat, 14 Jul, 2018 - (1:45)
Fri, 13 Jul, 2018 - (1:30)
Fri, 13 Jul, 2018 - (1:44)
Thu, 12 Jul, 2018 - (1:31)
Thu, 12 Jul, 2018 - (1:31)
Sports And Leisure »
11:14am BST - (1:05)
Mon, 16 Jul, 2018 - (4:25)
Thu, 12 Jul, 2018 - (0:59)
Wed, 11 Jul, 2018 - (1:24)
Mon, 09 Jul, 2018 - (2:05)
Fri, 06 Jul, 2018 - (0:54)
Thu, 05 Jul, 2018 - (0:52)
Thu, 05 Jul, 2018 - (1:34)
Wed, 04 Jul, 2018 - (0:48)
Mon, 02 Jul, 2018 - (1:44)
Oddly Enough »
4:44pm BST - (0:45)
3:57pm BST - (1:38)
8:49am BST - (1:53)
Mon, 16 Jul, 2018 - (1:23)
Thu, 12 Jul, 2018 - (1:44)
Thu, 12 Jul, 2018 - (2:04)
Thu, 12 Jul, 2018 - (1:05)
Thu, 12 Jul, 2018 - (1:28)
Tue, 10 Jul, 2018 - (1:53)
Dateline Asia »
Tue, 05 Dec, 2017 - (2:06)
Tue, 05 Dec, 2017 - (2:11)
Fri, 01 Dec, 2017 - (2:04)
Thu, 30 Nov, 2017 - (2:10)
Thu, 30 Nov, 2017 - (2:14)
Wed, 29 Nov, 2017 - (2:11)
Tue, 28 Nov, 2017 - (1:55)
Tue, 28 Nov, 2017 - (2:21)
Mon, 27 Nov, 2017 - (2:25)
Fri, 24 Nov, 2017 - (2:16)
Fri, 24 Nov, 2017 - (2:14)
Thu, 23 Nov, 2017 - (2:18)