Lagos sees traffic decline following hike in fuel prices

The World

Lagos, Nigeria, is a city of 20 million people. So, you can say the city witnesses quite the number of traffic jams on a daily basis. But that’s not been the case lately. Since June, when the president announced the country would no longer subsidize fuel, resulting in a sharp hike in fuel prices. The World’s Marco Werman spoke with Wilson Erumebor, a senior economist with the Nigerian Economic Summit Group, about what traffic in the Lagos looks as well as what the economic consequences have been following the hike in prices.

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