But some say renewed subsidies fall short
(NEWSER) - Strikes that shut down Nigeria's economy last week are off—at least temporarily—after the country's president announced new fuel subsidies. President Goodluck Jonathan has slashed fuel prices by a third to 97 naira per liter, or $2.27 per gallon, after they more than doubled Jan. 1, when earlier subsidies ended. The new subsidy still leaves prices 50% higher than they were before the new year, and though unions have suspended strikes, some doubt remains that they could resume, Reuters reports. More»
