Less than two years after President Bola Ahmed Tinubu ended Nigeria’s fuel subsidy, the effects of the decision are now being severely felt in neighboring Niger Republic.
Findings by The PUNCH indicate that trade between the two countries surged by 82% in 2024, despite ongoing diplomatic tensions. However, the removal of Nigeria’s fuel subsidy has led to a worsening fuel crisis in Niger, forcing the country to seek emergency supplies from Nigeria.
Oil dealers have raised concerns over the closure of filling stations in border towns, citing revenue losses due to reduced cross-border fuel trade.
Fuel Scarcity Hits Niger Republic
Since early March, Niger has been grappling with severe petrol shortages, disrupting economic activities in major cities, including Niamey. For years, the country relied on Nigeria for nearly 50% of its fuel supply, with a significant portion smuggled through illegal routes.
However,…
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