"Nigerian workers will begin a national strike today after fuel costs more than doubled, threatening to shut ports and disrupt output from Royal Dutch Shell Plc (RDSA) and Chevron Corp. (CVX) in Africa’s largest crude producer.
"Gasoline prices in Nigeria, where two-thirds of the population of about 164 million live on less than $1.25 a day, surged after Jonathan abolished 1.2 trillion naira ($7.4 billion) of subsidies on Jan. 1. The price had been capped at 65 naira a liter, undermining investment in refineries that resulted in the West African nation importing about 70 percent of its fuel."
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