Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Davos 2012
Technology
Media
Small Business
Legal
Deals
Earnings
Summits
Business Video
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Politics
Politics Home
Election 2012
Issues 2012
Candidates 2012
Tales from the Trail
Political Punchlines
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Bernd Debusmann
Nader Mousavizadeh
James Saft
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Edward Hadas
Hugo Dixon
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Geraldine Fabrikant
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Money
Money Home
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Life & Culture
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Article
Comments (0)
Full Focus
Photos of the week
Our top photos from the past week. Full Article
Images of December
Best photos of the year
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Netanyahu deputy "disappointed" with Obama on Iran
15 Jan 2012
Fourteen still missing from Italian ship disaster
|
1:06am EST
Rupert Murdoch turns to Twitter to attack Obama
15 Jan 2012
Iran says it has evidence U.S. behind scientist's killing
14 Jan 2012
UPDATE 2-Fifteen still missing from Italian ship disaster
12:29am EST
Discussed
151
Gay marriage a threat to humanity’s future-Pope
135
Buffett to GOP: You pay and so will I
123
Romney opens 21-point lead in South Carolina: Reuters/Ipsos poll
Watched
Korean couple found alive in capsized ship
Sun, Jan 15 2012
Ship captain defends actions
Sun, Jan 15 2012
Italian cruise ship runs aground, three dead
Sat, Jan 14 2012
Nigeria lowers fuel price, no deal with unions
Tweet
Share this
Email
Print
Related News
Nigerian president and unions fail to strike deal
Sun, Jan 15 2012
Nigeria president, unions end talks without deal
Sun, Jan 15 2012
UPDATE 2-Nigerian strikes set to resume Monday, no oil cut
Sun, Jan 15 2012
Nigerian strike talks fail to reach fuel price deal
Sat, Jan 14 2012
Nigeria crisis talks fail to reach compromise
Sat, Jan 14 2012
Analysis & Opinion
Leader of violent Nigerian Islamist group defends killing Christians in video
Nigeria’s Boko Haram Islamists have support in gov’t, President Jonathan says
Related Topics
World »
ABUJA |
Mon Jan 16, 2012 1:03am EST
ABUJA (Reuters) - Nigerian President Goodluck Jonathan said on Monday petrol prices would be reduced to 97 naira ($0.60) a liter, a week after nationwide strikes and protests began against the government's decision to scrap fuel subsidies.
Tens of thousands took to the streets for strikes over five successive days last week in protest against the sudden removal of a fuel subsidy on January 1 that more than doubled the pump price of petrol to 150 naira per liter from 65 naira.
Jonathan, who met unions late on Sunday to try and find a compromise to end strikes that are due to resume on Monday, said the talks had "yielded no tangible benefit" and pledged to continue along the path of removing subsidies.
"Government will continue to pursue full deregulation of the downstream petroleum sector. However, given the hardships being suffered by Nigerians, and after due consideration and consultations ... government has approved the reduction of the pump price of petrol," he said in a statement.
Jonathan has ordered an investigation into government departments operating the subsidy and said a long-delayed oil bill that has been stuck in parliament for years would now receive "accelerated attention". ($1 = 161.9600 Nigerian nairas)
(Reporting by Felix Onuah; Writing by Joe Brock; Editing by Ralph Gowling)
World
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.