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Unions strike in Nigeria over fuel subsidy cuts

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Unions strike in Nigeria over fuel subsidy cuts
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Trade unions in Nigeria staged a nationwide strike on Monday over the government’s scrapping of fuel subsidies.

The industrial action in Africa’s top oil-producing nation has closed businesses and schools.

Subsidies allowed Nigerians to buy a litre of petrol for 31 euro cents until they were axed on January 1.

Scrapping them has seen the cost of fuel almost double.

The government says the policy cost more than six billion euros last year.

It insists there will be no U-turn on the move and that the money must be re-invested in the country’s oil refineries.

But protesters fear any money saved will simply end up in the pockets of politicians and big business.

They promise to continue striking until the old fuel price is restored.