Strike paralyses Nigeria

World

Strike paralyses Nigeria

Close

The nationwide strike began Jan. 9, paralyzing the nation of more than 160 million people.

16 January,2012 12:09 pm

Nigerias president says the nations fuel prices will immediately drop amid a paralyzing nationwide strike.President Goodluck Jonathan made the comments in a speech aired Monday morning on the state-run Nigerian Television Authority.Jonathan said fuel prices will drop to about $2.75 a gallon (60 cents a liter).The nationwide strike began Jan. 9, paralyzing the nation of more than 160 million people. The root cause remains gasoline prices: Jonathans government abandoned subsidies that kept gasoline prices low on Jan. 1, causing prices to spike from $1.70 per gallon ($0.45 per liter) to at least $3.50 per gallon ($0.94 per liter).The costs of food and transportation also largely doubled in a nation where most people live on less than $2 a day.