2008-07-13
Africa Faces Another Rising Expense: Fuel. By Lydia Polgreen, NYTimes, July 12, 2008. "In the United States, where the median household income is about $48,000, $4-a-gallon gas is painful. In Nigeria, most of whose 140 million citizens live on less than $2 a day despite their country's status as the world's eighth largest oil exporter, $5.50-a-gallon diesel is excruciating... Rising global food prices have sent discontent rippling across Africa in recent months, prompting riots and demonstrations from Zambia to Senegal, Tanzania to Niger. Now fuel prices are causing rumblings as well. On Friday, fuel tanker drivers in Nigeria, Africa's most populous nation, went on strike over rising prices of diesel fuel and poor road conditions, a move that could cripple the economy."

No comments:

Post a Comment

Post a Comment