Cameroon Struggles with Doubled Gasoline Prices Since Nigeria Scraps Fuel Subsidy

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Published (Updated) on Saturday, June 10, 2023

CAMEROON — A fuel subsidy scrapping in Nigeria has resulted in skyrocketing gasoline prices in Cameroon as the neighboring African country is mostly dependent on its subsidized petroleum products, causing a shortage of fuel in Cameroon. VOA News reports.

Business people in Cameroon who sell goods and products purchased in Nigeria say they are struggling to cope as fuel prices rise.

Trading of cattle, cotton, foods, and other products across the border of Cameroon and Nigeria, which stretches for 2,000 kilometers, has declined since Nigerian President Bola Tinubu announced the end of fuel subsidies on May 29.

While local businesses in Cameroon suffer, the Nigerian government cited heavy smuggling of petrol across borders into Cameroon, Chad, Benin and other countries as reasons for halting the subsidy.

To ease the fuel shortage, the Cameroon government announces it will begin to supply petrol to towns and villages in need.

News ▶ Agencies and Media

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