Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed ...Middle East

ABUJA, Nigeria (AP) — When Nigeria’s President Bola Tinubu ended the costly subsidies that made petrol affordable for many in Africa’s most populous country, Ahmed Halilu knew his e-hailing cab business in the capital, Abuja, was about to run into huge losses. Transportation costs skyrocketed as the price of petrol more than tripled in the months that followed last year’s decision, resulting in the country’s worst cost-of-living crisis in a generation. That meant a massive drop in the number of Halilu’s passengers and ultimately in his earnings. In what they said would eventually lower transportation costs by almost 50%, Nigerian authorities in August introduced a compressed natural gas (CNG

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Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed ...Middle East

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