Hyrra Features the Latest and Most Talked-About Topstories News and Headlines from Around the World.
⎯ 《 Hyrra • Com 》

Nigeria fuel subsidy: Tinubu's plan to scrap measure sparks rush to stock up

2023-05-30 18:49
People are hoping to stockpile petrol over fears of a major price increase amid high inflation.
Nigeria fuel subsidy: Tinubu's plan to scrap measure sparks rush to stock up

The first full day in power of Nigeria's new president has seen people panic buying fuel following an announcement to scrap a decades-long subsidy on petroleum products.

In Monday's inaugural address, Bola Tinubu said the subsidy was "gone".

But he gave no timeframe or any more details of...