Nigeria lowers fuel price, no deal with unions

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 Jan. 1 that more than doubled the pump price of petrol to 150 naira per liter from 65 naira. (Reuters)