Economy | Nigeria’s economy is the latest domino to fall as oil prices decline
by Onize Ohikere
Posted 6/10/16, 11:12 am
ABUJA, Nigeria—Cars, motorcycles, and tricycles crowd the Nigerian National Petroleum Corporation (NNPC) petrol station in Abuja’s Gudu district. A single row of waiting cars stretches for nearly half a block. Unlike several other petrol stations, NNPC sells fuel 10 cents cheaper per liter than the set rate many drivers find expensive.
“It’s not a big difference, but as things are difficult, people like it that way,” said Veronica Simon, one of the workers at the petrol station.