Occupy Nigeria

The Occupy movement is indeed turning global with the latest country to join the movement being Nigeria. This video is very powerful , a testament to the resilience of the young people ( and young at heart ) across the world, who are tired of status quo and the deemed advantage of the privileged few at the expense of the majority.


Occupy Nigeria is a series of protests that began in Nigeria on Monday, 2 January 2012 in response to the fuel subsidy removal by the Federal Government of President Goodluck Jonathan in Nigeria on Sunday, 1 January 2012.



Nigeria is Africa’s biggest oil producer, but still imports refined petrol. The country produces about 2 million barrels of crude oil daily which is exported to be refined abroad even though the country has 4 refineries with installed capacity of 445,000 bpd. Despite this, the country imports 250,000bpd of petroleum products into the country for sale to its citizens. The price of petrol has increased from 65 naira ($0.40; £0.26) per litre to at least 140 naira in filling stations and from 100 naira to at least 200 naira on the black market, from which manyNigerians buy their fuel. Due to years of mismanagement and systemic corruption, Nigeria does not have the capacity to refine crude oil into petrol and other fuels.



With the majority of Nigerians living on less than $2 per day, cheap petrol is the only tangible benefit they receive from the state, hence the widespread disapproval.