Nigeria's government is continuing with petroleum sector reforms introduced by the previous regime that took away subsidies that cushioned consumers from high prices of fuel.

This has left country reeling from an energy price crisis that has exacerbated the cost-of-living crisis in the country after the price of Premium Motor Spirit (PMS) was increased by Nigeria's energy company.

Many Nigerians are dependent on PMS to fuel their cars and for generators to mitigate against the country's unpredictable power supply. The increases in fuel prices come as the population faces increased in general prices, high interest rates and increasing levels of unemployment.

This while salaries have not kept up with inflation. Channel Africa reporter Dimakatso Leshoro has the details....

Nigeria's government is continuing with petroleum sector reforms introduced by the previous regime that took away subsidies that cushioned consumers from high prices of fuel.
This has left country reeling from an energy price crisis that has exacerbated the cost-of-living crisis in the country after the price of Premium Motor Spirit (PMS) was increased by Nigeria's energy company.
Many Nigerians are dependent on PMS to fuel their cars and for generators to mitigate against the country's unpredictable power supply. The increases in fuel prices come as the population faces increased in general prices, high interest rates and increasing levels of unemployment.
This while salaries have not kept up with inflation. Channel Africa reporter Dimakatso Leshoro has the details....

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