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Nigerians strike to protest reduced fuel subsidies, 2003

Time period
30 June, 2003 to 8 July, 2003
Economic Justice
Total points
5.5 out of 10 points
Name of researcher, and date dd/mm/yyyy
Meghan Kelly, 29/11/2015

Nigeria, the most populous African country, is filled with oil reserves, particularly in the Niger River Delta. Oil was the main national export, comprising 98% of Nigeria’s export earnings and 83% of government revenue in 2002. Starting in the mid-1980s, the Nigerian government subsidized fuel, letting Nigerians buy oil and gasoline at prices significantly below market levels.