Strike-Hit Nigeria 'To Drop Price Of Petrol'

Nigeria's President Goodluck Jonathan has announced an immediate drop in the price of fuel, following a week of strikes and protests.

Nigeria's President Goodluck Jonathan has announced an immediate drop in the price of fuel, following a week of strikes and protests.

Nigeria 'To Drop Price Of Petrol'

Mr Jonathan said the price would drop by around 30% in recognition of the "hardships being suffered" by people.

Nigeria has been paralysed by strikes and protests over the government's decision to scrap fuel subsidies.

The removal of subsidies from 1 January caused petrol prices to rise from 65 naira ($0.40; £0.26) to 140 naira.