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  • Nigeria's Fuel Prices Highest in All OPEC, Says NLC

    12/06/2004 10:30:51 PM PST · by M. Espinola · 1 replies · 276+ views
    Vanguard ^ | December 6, 2004 | Rotimi Ajayi
    THE Nigeria Labour Congress (NLC) has described the retail prices of petroleum products in Nigeria as the highest in all the OPEC countries. The NLC in a statement in Abuja said Nigerians are paying more than 15 Naira above what their peers in the OPEC country with the highest petroleum prices are paying. The NLC gave the data as follows: Algeria--N35.39, UAE--N36.55, Saudi Arabia-- N31.05, Kuwait-- N28.09, Indonesia-- N27.27, Quatar --N23.96, Libya-- N11.50, Iran-- N10.19 and Venezuela-- 6.71. The NLC pointed out that the statistics being bandied around by the Federal Government in respect of pump prices of petroleum...