Is the Arab Spring Coming To Nigeria Courtesy of the Dying
Monetarist System? January 8, 2012 • 9:51AM  Nigerians woke up
on January 1, the first day of the New Year, to find that the
price of imported refined petroleum-gasoline, had more doubled
to approximately $3.50 per gallon, rising from naire65 to
naire141 per liter ($1 is approximately 150 naire), by the
government's removing fuel subsides. This has understandably and
predictably led to demonstrations across Nigeria, and may lead
to an escalation of activity against the newly elected
Presidency of Goodluck Jonathan (May 2011). This price increase
demanded by the International Monetary Fund, and World Bank,
which sit in Nigeria's capital, Abuja, controlling the country's
finances, is a direct attack on the people of Nigeria, and is
intended to destabilize Africa's most populous nation, with 160
million people. "Nigeria's Subsidies: End Them At Once!"
demanded London's Economist, in its Dec. 31, 2011. The
Economist's headline continued: "The president wi