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Economic Brief - Reforming the Energy Sector in Africa: the Case Study of Nigeria

Many African countries are deregulating their energy sector and this often leads to increases in retail fuel prices. Following this trend, in January 2012 Nigeria abruptly eliminated fuel subsidies and this caused a spike in fuel prices from N65 (US$ 0.42) to N138 (US$ 0.89) per liter, the highest single jump in the country’s history. The sudden increase triggered eight days of national strikes that was supported by a wide range of civil society organizations, including the Nigerian Labour Congress (NLC), Trade Union Congress (TUC), Nigeria Bar Association and Committee for Defense of Human Ri…

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Source	African Development Bank
Collection	International records
Kind	Document
Publisher	African Development Bank Group
Date	2012-03-06
Type	economic report
Details	AfDB documents
Found at	https://www.afdb.org/en/documents/document/economic-brief-reforming-the-energy-sector-in-africa-the-case-study-of-nigeria-26369
Archived copy	Look it up in the Wayback Machine
Record ID	`afdb:/en/documents/document/economic-brief-reforming-the-energy-sector-in-africa-the-case-study-of-nigeria-26369`

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Economic Brief - Reforming the Energy Sector in Africa: the Case Study of Nigeria. African Development Bank, 2012. Vero Archive, record afdb:/en/documents/document/economic-brief-reforming-the-energy-sector-in-africa-the-case-study-of-nigeria-26369.