Petrol prices soar in Republic of Benin as Nigeria moves to end subsidy

Petrol prices have almost doubled in the Republic of Benin after it was announced that fuel subsidies would be scrapped in next-door Nigeria.

Nigeria is one of Africa’s oil giants and subsidised petroleum products are routinely smuggled into Benin, where they’re mostly sold by the roadside and serve a large part of the population

Popularly called kpayo – which means “unoriginal” in Goun, a native language – it is cheaper than fueling up at stations, local media reported.

BBC

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