Marketplace®
Every story is an economic story

Mid-day Extra: Protests in Nigeria over oil subsidy cuts

We speak to Marketplace's senior foreign editor, John Buckley, about protests going on in Nigeria over corruption in the government, and the recent cut of oil subsidies there.

Imagine if you woke up tomorrow morning, and the price of gas down on Sunset had risen from $3.49 to over $7 bucks a gallon.

That’s the kind of situation that Nigerians are now finding themselves in.

Last week, we learned that the government of the oil-rich African nation decided to put an end to fuel subsidies. And now Nigerians are fighting back: labor unions there have begun a national strike today.

In today’s Mid-day Extra, we’ve brought in Marketplace’s own senior foreign editor to give us some more details on the situation there. He says that for gas prices to double, especially in such an oil rich country, can have catastrophic results on everyday life for Nigerians — and why we should care.

Related Topics

Collections:

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    2 hours ago
    25:22
  • Marketplace Morning Report
    10 hours ago
    7:09
  • Million Bazillion
    14 hours ago
    30:57
  • Marketplace Tech
    14 hours ago
    12:45
  • This Is Uncomfortable
    6 days ago
    28:44
  • Make Me Smart
    4 months ago
    24:33