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

2023-05-30 18:50
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...